GBPJPY is trading in a long-term bullish trend. Higher lows are perfectly respecting a rising trend line on 1H.
Once the trend line was tested I was looking for a confirmation to buy the pair. My confirmation was a double bottom formation. I bought the market on a retest of its broken neckline.
Then the market started to grow sharply! I managed to catch a very nice winner with a trailing stop.
Did you manage to catch that move?
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