FosuaForson

Sometimes the 50 retracement is used

Short
OANDA:GBPJPY   British Pound / Japanese Yen
sometimes the 50 retarcement is used depending on where the swing high was taken form it could be viewed as a 618 or a 59. Nevertheless
there was no retracement only a breakout of the triangle. so keep that in mind when looking at pennants and triangle patterns
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