Ascending Triangle on NZD/JPY @ W1

This pattern on the weekly chart of NZD/JPY resembles a mix of ascending and symmetrical triangles and provides a bullish breakout trading opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. The stop-loss is to be set to the triangle's low at 77.068.

Trade ist aktiv:

Long entry triggered today at 10:00 UTC with entry at 87.033, SL at 77.068, and TP at 96.712 (will be going down each week).

Trade wurde manuell geschlossen:

Closed by time-out today at 83.097.