GBPJPY will break or continue the pattern?

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The price fell into a Wedge pattern. The pattern formation conditions are met - the price has five + line touches. The lines will cross soon - hence the price will leave the trend in the near future. Wedge is a reversal pattern, therefore, there is a high probability that the price will break through the support line and fall to the level of 139.888.

Remember, there is no place for luck in trading - only strategy!
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CELLForexGBPJPYpatternshortTrend Analysis

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