Symmetrical Triangle on GBP/JPY @ H4

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This short-term GBP/JPY symmetrical triangle can serve as a continuation pattern for a breakout trading opportunity. My potential entry is placed at the cyan line, which is located at 10% of the triangle's base width above the upper border. My take-profit will be at the green line, which is located at 100% of the triangle's base width above the upper border. I will set my stop-loss to the bottom of the triangle (163.382).
Dagangan aktif
Long entry triggered yesterday at 23:50 UTC. Open is at 164.551, SL is at 163.382 (as planned), current TP is at 165.913 (subject to change).
Dagangan ditutup: sasaran tercapai
TP reached on July 18 at 14:32 UTC. Forgot to update this one back then.
breakoutChart PatternschartpatterntradingSymmetrical TriangleTriangle

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