This is my analysis for GBPJPY, already missed my ideal entry point. But still safe to enter nonetheless, just increases my risk. Reason for selling, chart pattern formed is a bilateral triangle, which is ascending on the 1H and 4H chart and as you can see it broke the trend line. Risk reward is around 1 : 2.65
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.