CADJPY | Symmetrical Triangle as a Continuation Pattern

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There is a Symmetrical Triangle pattern. As we have the price lost the Horizontal Support and also the Death Cross acting we can receive the one plays out as a continuation pattern.

We can initiate a short position if there is a confirmed breakout of the lower boundary of the Symmetrical Triangle.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.