Entry: 191.895
Tp: 193.500
We can see GBP/JPY previously created an ascending triangle in price following with support.
Price was successful on its move up creating another triangle we call the symmetrical triangle .
We do not want to go off the pattern alone. Let’s use the lines as support and resistance. If price breaks above the triangle line we can assume price wants to continue up..
Now if price breaks below the triangle we can assume a reversal and consider taking a short to the pervious support.
CEEJAY.TRADES ON MEDIAS
FOLLOW MY PROFILE TO KEEP UP AND MAKE PROFITS ON OUR JOURNEY TO WEALTH!!
Tp: 193.500
We can see GBP/JPY previously created an ascending triangle in price following with support.
Price was successful on its move up creating another triangle we call the symmetrical triangle .
We do not want to go off the pattern alone. Let’s use the lines as support and resistance. If price breaks above the triangle line we can assume price wants to continue up..
Now if price breaks below the triangle we can assume a reversal and consider taking a short to the pervious support.
CEEJAY.TRADES ON MEDIAS
FOLLOW MY PROFILE TO KEEP UP AND MAKE PROFITS ON OUR JOURNEY TO WEALTH!!
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.