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GBPJPY - Descending Triangle + Hikkake Bar Pattern

Paun British / Yen Jepun (FX:GBPJPY)  
justatrader  
FX:GBPJPY   Paun British / Yen Jepun
hikkake hikkakepattern Descending Triangle Chart patterns
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hikkake hikkakepattern descendingtriangle chartpatterns
A bit curious to see how the Hikkake Bar pattern will form. It is not a trading system in itself, but I think it provides a good confirmation within a larger chart pattern. Here, we have a descending triangle pattern and a 'Potential' Hikkake bar pattern is being formed.

Its not a 100% Hikkake pattern because the set up didn't happen in 3 bars. Nonetheless, the appearance of this pattern near the support zone of the desc. triangle gives some indication.

****Short only if price closes below the support line.****
EDIT: Target revised to 170.657. Refer to comments
Penafian

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