GBPJPY - Triangle or complex correction?

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

Long on pullback or breakout of triangle. Beware on 161.8 for C of Y.

Comment:

Price has broke upper trendline, now we wait for correction to add long position for conservative entry.
Or stop order at 140.76.

Trade active:

Buy stop triggered at 140.76 = extreme b leg.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.