JPY at a Critical Triangle – Breakdown or Reversal?

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JPY at a Critical Triangle – Breakdown or Reversal?USD/JPYOANDA:USDJPYPouyanFaAfter a bullish phase, the Japanese yen gradually lost momentum. It moved into a short consolidation (range) period, and then price started to decline. At this point, we can see that a triangle pattern has formed. In this situation, price often tends to break to the downside, but there is no certainty. As illustrated in the chart, price could also move upward from the marked levels. During the week, positions may be taken on lower timeframes, but on the 4-hour timeframe, I don’t expect a strong trading opportunity this week. #Pouyanfa🔥