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GBPJPY: Bullish Accumulation (Trading Plan)



GBPJPY is trading with a huge ascending triangle on 4H.

With a sequence of higher lows, it looks like a perfect example of bullish accumulation.


For now, the price respects 140.3 resistance cluster and sets equal highs on that.


We are waiting for a bullish violation of that as a trigger for a new bullish wave.


Next goals will be:

141.0

141.7

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