I'm a little late to posting this here on tradingview but the GBPJPY is still offering a good potential buying opportunity. The ascending triangle is one of my favorite breakout patterns to look for & what makes this one special is that it aligns with my overall view of the market because of the recent violation of the previous structure.
Obviously the breakout has already occurred, but for those looking for a second chance to get involved, you can look for a pullback & a chance to hop on the next extension higher.
If you like this idea, please do me a favor by hitting that thumbs up button as well as leaving me a comment. As always, if you have any questions, comments or just want to share you view on this particular pair or setup, please leave it in the comment section below as I'm pretty good with responding to things here.
Wishing you a great trading day & as always "Plan Your Trade, Trade Your Plan"
Your Trading Coach - Akil
Obviously the breakout has already occurred, but for those looking for a second chance to get involved, you can look for a pullback & a chance to hop on the next extension higher.
If you like this idea, please do me a favor by hitting that thumbs up button as well as leaving me a comment. As always, if you have any questions, comments or just want to share you view on this particular pair or setup, please leave it in the comment section below as I'm pretty good with responding to things here.
Wishing you a great trading day & as always "Plan Your Trade, Trade Your Plan"
Your Trading Coach - Akil
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