Triangles (which are normally continuation patterns) are showing up on all of the yen crosses. A breakout of these patterns will give us a great opportunity to get in on a good trade for a while. We’ll find this out in a day, two, or 3 with the pattern closing up for a breakout to the upside/downside and with US equity quarterly earnings coming out as well. US equity earnings and performance this week will decide the breakout’s fate, so get ready! Here’s a gbp/yen, daily chart for example.

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