Another couple of pretty charts

Published on Friday January 27th, 2012 at 10:11PM by Brad

Below is GbpJpy on D1.  Notice how the it was in an equalateral triangle for some time.  Then, it broke out of the bottom, went back up touched the line, and broke back down.  That's some classic action.

Below is NzdUsd on H4.  It has been in an up trend for a while.  Notice the pattern that seems to be now forming.  Of course, who knows where it will go until it goes there, but it has been a pretty up trend run.  Maybe it will continue, maybe it will reverse.

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