CAD/JPY 1H Chart Emerging Pattern: Descending Triangle

Posted by on Feb 20, 2013

CHF/JPY 1H Chart Emerging Pattern: Rectangle CHF/JPY has formed a Rectangle on a 1H chart, being contained by two horizontal lines at 103.34 and 100.27 for the last 408 bars. However, it may be the case that the pair will be fluctuating within a channel down in the future. This will be decided by behaviour of the price at a key support line at 100.27. CAD/JPY 1H Chart Emerging Pattern: Descending Triangle CAD/JPY has formed a Descending Triangle on a 1H chart, as each subsequent rebound from
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