GBPJPY recently has shown good action by buyers. I'm waiting to see if this action continues and is strong enough to take GBPJPY out of a sideways trend that seems to be very solid in the last period. I place my buy stop entry order out of the congestion phase to confirm the breakout and the strength by buyers.
Risk to reward is great for this trade :)
breakoutChart Patternscongestion_channeldaytradingGBPJPYTechnical IndicatorssidewaysswingtradingTrend Analysis

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