TRADING CONFLUENCE 1. On the daily time frame we can see that price is in an asymmetric triangle 2. The daily candle closed out side the the asymmetric triangle 3. Closing outside the asymmetric triangle does not guarantee a breakout we must see a retest 4. On the 4hr time frame it becomes clear that price has broken the 0.69200 resistance level now turned into support on the 4 hour and also the mega phone pattern Entry: 0.69200 stop loss: 25 pips take profit: 0.70000 Thank you your likes and comments are very much appreciated.
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