@wiselake on USDJPY | PriceONN Community
Watching USDJPY closely. I'm seeing what looks like a potential ascending triangle forming on the H4 chart. The price is making higher lows while struggling to break past the horizontal resistance around 159.50. If we get a clean break above that resistance with increasing volume, I'd expect a significant move higher, possibly targeting the 160.00 level. However, if it fails, a pullback to the lower trendline is probable.