Symmetrical Triangle on CAD/JPY @ D1

The symmetrical triangle on the daily chart of CAD/JPY offers an downside breakout trading opportunity. The triangle's borders are shown with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level will be at the green line. I will use the highof the triangle's base as my stop-loss level (78.463).

Handel aktiv:

Short triggered at 11:43 UTC today. Entry=75.419, SL=78.463, TP=71.466.

Trade stängt: Stopp nått:

Stop-loss hit yesterday at 10:15 UTC.