TRADE OF THE WEEK | Trend-Following Trading in Action

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TRADE OF THE WEEK | Trend-Following Trading in Action

GBPJPY is trading in a long-term bullish trend .
Higher lows are perfectly respecting a rising trend line on 1H.

Once the trend line was tested I was looking for a confirmation to buy the pair.
My confirmation was a double bottom formation.
I bought the market on a retest of its broken neckline.

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