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zeerotrader
Aug 10, 2017 9:54 AM

GBPJPY - Ascending Triangle  Long

British Pound/Japanese YenFXCM

Description

GJ is currently moving in an ascending triangle.

There seems to be a lot of anticipation in going long around 142 which is support by the upwards trend line & even the 200 SMA.

Will wait for price action & a confirmed hold at the above mentioned level.

Lets see how this plays out.

Good luck.
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