USDJPY in the middle of the descending triangle!

The market was following an uptrend channel until it collapsed because of the pandemic. Right now it's in the middle of the descending triangle.
We expect one more bounce, entering short when the price will reach the top of the triangle (hopefully the Stochastic oscillator will be in overbought value), trying to get the TP1 and TP2.

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Enjoy Traders!

GMPinvestors
Descending TriangleForexforexsignalsOscillatorsshorttakeprofitTrend LinesTriangleUSDJPY

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