Descending Triangle on EURJPY 1H
Updated
EURJPY approaches a multi-day support level in a steady trend, creating a descending triangle. An opportunity to go long on rejection or to go short on a breakout.
Trade active
Shorted at 7:19 (ETC), price broke the support level and retested with one candle. Target is 130.006, stop-loss is 130.639.Trade closed: target reached
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