@sharptide on USDJPY | PriceONN Community
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Okay, so I've been analyzing USDJPY on the daily chart, and I'm seeing a potential ascending triangle pattern forming! If this pattern confirms, we could see a significant move to the upside. I'm also looking at the 50-day and 200-day moving averages, which are currently acting as support. I'm using options to capitalize on this potential move, aiming to profit from increased volatility. I'm still a beginner, so any thoughts or feedback on my analysis would be greatly appreciated!