pejman_zwin

USDJPY is Ready to GO UP by Symmetrical Triangle Pattern🚀

Long
pejman_zwin Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
🏃‍♂️USDJPY is moving near the 🟡Potential Reversal Zone(PRZ)(147.520 JPY-147.318 JPY)🟡.

✅It also seems that USDJPY has succeeded in forming a Symmetrical Triangle Pattern.

📚What is a Symmetrical Triangle❗️❓

🔸The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.

🔔I expect USDJPY to rise to at least the 🔴Resistance zone(148.930 JPY-148.520 JPY)🔴 after breaking the upper line of the triangle.

U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 1-hour time frame⏰.

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