@AJackson82 on USDJPY | PriceONN Community
A
Has anyone else been observing the potential for a descending triangle forming on the 4-hour chart? It seems to be consolidating within a tightening range, and a breakout could be imminent. I'm particularly interested in how traders are positioning themselves relative to the current resistance around 157.00. What are your thoughts on the validity of this pattern given the broader bearish trend?