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EURJPY SYMMETRICAL TRIANGLE.

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OANDA:EURJPY   歐元 / 日圓
EURJPY in Daily Time frame is Following symmetrical triangle
we need to wait for breakout then we can buy this Pair.

Note one think it can be broken Downside as well depend on market condition if it breaks downside then follow the rule of the symmetrical triangle.


What is a symmetrical triangle?

The symmetrical triangle is one of three important triangle patterns defined in classical technical analysis. The other two triangles are the bullish ascending triangle pattern and the bearish descending triangle pattern. The symmetrical triangle consists of a simultaneous downtrend and uptrend lines.


Note: This is only for Educational Purpose this is not Investment advice.

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Adil Khan

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