Buy EURJPY on breakout and Sell at Fib Extension

The bullish pennant is still on consolidation around the trend line and support level. i think as soon as it breaks though the trend line, it shall rally then reverse at the Fib Extension level 127. Am a Newbie Trader and will appreciate some feedback from the pros. thanks/

Kommentar:

As we can see the Market keeps Breaking and retesting on both the very strong trend line and support. Once it is confirm Boom we can go long on short depending on where the breakout takes place

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