# USD/JPY Symmetrical Triangle Breakout (November 11, 2013) Source: https://www.tradersway.com/resources/market-info/usd-jpy-symmetrical-triangle-breakout-november-11-2013/ Language: en Updated: 2013-11-11 Description: Explore USD/JPY Symmetrical Triangle Breakout (November 11, 2013). Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. After months of consolidation, USD/JPY finally seems ready to break out of its symmetrical triangle. As you can see on the pair’s daily chart, a long green candlestick has already closed above the triangle resistance, hinting that an uptrend is in the works. The pattern is approximately a thousand pips in height, spanning from a high of 103.00 in May to a low of 93.00. Further rallies could last by roughly 1000 pips as well, but this could take place for months. ![USD/JPY Symmetrical Triangle Breakout (November 11, 2013)] Going long at market with a stop below the triangle support and a target of roughly 1000 pips could be a good position setup with a high return on risk. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/usd-jpy-symmetrical-triangle-breakout-november-11-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/usd-jpy-symmetrical-triangle-breakout-november-11-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/usd-jpy-symmetrical-triangle-breakout-november-11-2013/", "headline": "USD/JPY Symmetrical Triangle Breakout (November 11, 2013)", "inLanguage": "en", "datePublished": "2013-11-11T11:12:24+00:00", "dateModified": "2013-11-11T11:12:24+00:00", "articleSection": "Market Info", "description": "Explore USD/JPY Symmetrical Triangle Breakout (November 11, 2013). 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