SteveNixon

Waiting for Triangle Break

SteveNixon Updated   
FX:GBPJPY   British Pound / Japanese Yen
28
This pair have been in a complex correction since mid Dec 2016
The triangle should indicate the end phase of the correction so watch for the breakout.
I think it will go long but triangle can break either way so be careful.

Always wait for an entry set up before risking your money.

All forecasts will be updated as they develop so remember to follow to receive them.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve
Comment:
Still waiting for a break of the triangle
Comment:
Still waiting for a breakout of this triangle - as I said these structures can break either way but my bias is long because of how the other pound pairs are looking.
I'll post a new chart on the 1H for clarity

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