Day: November 30, 2014

Ascending Triangle on GBP/JPY@ H4 Chart

This week will be another one with a rather strong trading idea at my disposal. The GBP/JPY ascending triangle may look slim, but it is a valid pattern, which was born following an uptrend. It has enough points of contact both with the upper horizontal border and the lower inclined one. The only problem I see is the fact that the formation is only one week long. The yellow lines […]