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NZDJPY 1D/1H ASCENDING TRIANGLE TRADES

FX:NZDJPY   Yeni Zelanda Doları / Japon Yeni
Price is in an ascending triangle chart pattern
There were 4 failed Bullish breakout attempts of the triangle top
Price is falling to triangle bottom trendline

1H Short trade
Sell Stop @ 76.20
Sell TP at bottom triangle trendline

There will be a decision point at the bottom triangle trendline

Long trade
Price will rise up to the top triangle trendline
Bullish breakout of top trendline
Enter on a 15m break-hook-go chart pattern
1st Buy TP @ 77.42
2nd Buy TP @ 78.17
3rd Buy TP @ 78.68

Short trade
Price will have a Bearish breakout of the bottom triangle trendline
Enter on a 15m break-hook-go chart pattern
1st Sell TP @ 73.53
2nd Sell TP @ 72.04

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