on gbpjpy we see nicely formed bullish ascending triangle here. as we see clear bullish trend such pattern gives us a nice opportunity to catch incoming bullish wave. the buying signal occurs when resistance is strongly broken.
I will be watching carefully this market and will let you know when to buy.
this tie 11:53hrs EST is the time to buy, pair settled above 151.75-151.90 area and momentum is forming for a move up, could be one more attempt to break the 153.70, stop loss below 151.75
praveenfx
⋅
Any advice???? Wait or good to buy.
VasilyTrader
⋅
@praveenfx, for now we should wait for clear bull breakout