GBPJPY Pattern Short following break of daily triangle
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Following the recent break down of the daily compression channel, although I think this could be a short lived move for the bears, there is a high probability that we will see that breakout retest zone hold some resistance. There are two advanced ratio patterns completing at that level for an aggressive short for a quick one in and one out.
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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.