In the past, the price broken down a cycle of Spike, Channel, Tradingrange.
Then it forms that cycle again.
IF the triangle pattern breaks down, it will be good to short
IF the triangle pattern breaks up, the Channel will change into Tradingrange
Note
the triangle pattern breaks up,it is a buy opportunity
albrooksEconomic CyclesGBPJPYmarketcycleMultiple Time Frame AnalysisSupport and Resistance

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