USDJPY Triangle Formation
There is a triangle forming in the USDJPY lower time frames.
The wave 3 breakout trade was cancelled
If this is, the end of the corrective structure we could see a big push to the downside.
At this time I am neutral as the bigger picture price action is also consolidating to a smaller point wedge
The wave 3 breakout trade was cancelled
If this is, the end of the corrective structure we could see a big push to the downside.
At this time I am neutral as the bigger picture price action is also consolidating to a smaller point wedge
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