we may get a break higher, but for me, this is a short-only trade.
The USDJPY is looking like it wants to break higher, which is why I think the GBPJPY is pushing within this triangle, to the upside.
But I don't want to get trapped long, if they reverse the pound.
The USDJPY is looking like it wants to break higher, which is why I think the GBPJPY is pushing within this triangle, to the upside.
But I don't want to get trapped long, if they reverse the pound.
Trade closed manually
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Disclaimer
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.