Looking to short GBPJPY on descending Triangle Pattern Break down to Downtrend Trend Line. Typical to see a Breakout followed by a breakout correction down to the breakout source, in this case the TL. Will need to be tested to confirm that it was a true breakout. Will look to exit trade at that level and wait to see what happens next.
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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.