GBPJPY ASCENDING TRIANGLE
GBPJPY has formed an ascending triangle on this 4H chart, now just waiting patiently for the break and retest above the resistance level.
You can enter a long on the break, but I'd prefer to wait for a retest after the break because it reduces the risk & avoids being a victim of a sweep of buyside liquidity.
You can enter a long on the break, but I'd prefer to wait for a retest after the break because it reduces the risk & avoids being a victim of a sweep of buyside liquidity.
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