This pattern on the weekly chart of NZD/JPY resembles a mix of ascending and symmetrical triangles and provides a bullish breakout trading opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. The stop-loss is to be set to the triangle's low at 77.068.
Trade ativo
Long entry triggered today at 10:00 UTC with entry at 87.033, SL at 77.068, and TP at 96.712 (will be going down each week).
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