USDJPY is trading near a strong resistance zone , which as tested several times earlier. It is trading in the ascending triangle pattern as well. We might see a breakout from pattern soon in an upward direction. One can initiate the long trade with a stop loss just below the resistance line of the ascending triangle pattern.
Note – Trade With Proper Risk Management System
Thanks
Vivek_Samale
I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.
