GBP/JPY breakout from a Triangle trade setup. Will it continue this trend to hit the target price?

A possible start of a bearish trend on GBP/JPY
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 188.2006 but consider reducing the size of your position as the price gets closer to that target.

Want to get full Autochartist Access including the Autochartist Market Scanner for MetaTrader, Market Report Emails,
Autochartist Mobile App, and the full Autochartist Web App?

Subscribe here: ChartViper Subscriptions
Join us on Telegram