GBP/JPY Triangle Pattern (14.2.25)

Feb 14

The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.

Target Levels:
1st Support – 189.83
2nd Support – 188.42

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Feb 14

Trade active

yes

Feb 17

Note

GBP/JPY now Running in Profit 💰💰

Feb 20

Trade closed: target reached