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AndriyMoraru
19 de Feb. de 2017 15:15

Symmetrical Triangle on GBP/JPY @ D1 Largo

GBP/JPYOANDA

Descripción

This symmetrical triangle at the end of the uptrend on the daily chart of GBP/JPY offers an opportunity for a long trade in case of a bullish breakout. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My take-profit level is shown with the green line. I will set the stop-loss level to the low of the breakout bar (not shown on the chart).

Orden cancelada

Downside breakout invalidates the pattern.
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