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shomonrobie

GBPJPY Buy Bottom of Ascending Triangle

Long
British Pound / Japanese Yen (FX:GBPJPY)  
shomonrobie Updated   
FX:GBPJPY   British Pound / Japanese Yen
gbpjpylong Bullish Trend Line stochrsi-oversold Trend Line Break 382 Fibonacci Retracement Ascending Triangle
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gbpjpylong bullishtrendline stochrsi-oversold trendlinebreak 382fibonacciretracement ascendingtriangle
Buy GBPJPY
After Bullish Candle Stick Formation
Price @ Back Side of the Trend Line (BLUE)
Touched Uptrend line (Pink)
Higher Highs (Support, Blue Arrows)
Very Sharp Counter Trend Line Break
StochRSI Over Sold

Entry: After closing of the daily Candle (This Friday), Place Trade Monday Afternoon
Stop: 10 Pip Below Previous Low (153.229 appx.)
Take Profit: 1.61.830 (Major Resistance Inside the Ascending Triangle)
Risk vs Rewards : 1.20

Trade closed: stop reached

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