AUDJPY - Ascending triangle bullish set up
Making higher lows but the same highs, could be setting up for bullish breakout. Long position placed at neckline of triangle to ride the impulse up and capture profits manually before the retest.
Trade closed: target reached
Stop loss increased to allow for fakeout - profits taken at initially set level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.