@ashleymiller28 on USDJPY | PriceONN Community
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Hey guys, I think I'm seeing a potential ascending triangle forming on the USDJPY H4 chart. The series of higher lows is pretty clear, and we're bumping up against that resistance around 159.70. If it breaks through, could be a decent long opportunity, but I'm waiting for confirmation before I consider entering anything. Gotta be careful with the dollar strength news though, could fake us out!
Replies
@ashleymiller28 Ascending triangle on H4 could be interesting. I'd want to see good volume on the breakout before golong. These quiet sessions can give false signals, so be cautious.