AndriyMoraru
Long

Symmetrical Triangle on GBP/JPY @ D1

OANDA:GBPJPY   Britisches Pfund / Japanischer Yen
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).
Order storniert: Downside breakout invalidates the pattern.
You can find a lot of detail about my trading ideas in my blog - https://www.earnforex.com/blog/. You will also find useful tools to find, build, and trade similar patterns - all completely free.
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