After a bearish stint in gbpjpy, we have seen a rejection of price and a breakout of triangle pattern forming on 1/4/D time frame. Price is heading nicely towards designated TP area. Will look to see whether price provides us with reversal or continuation.
Trade closed: target reached
Reached TP
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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.