USD/JPY- Trading in a descending Triangle- Will you trade this pattern
The USD/JPY pair trading in descending triangle pattern on a 30 minute time frame. Historically speaking, these patterns in a side way market usually breaks towards the downside. The yellow rectangles on the chart shows the projection of this triangle. The volatility for the pair is low as the price is trading near its 20 day moving average and within the Bollinger band.
اقرأ المزيد