A symmetrical triangle has formed on the D1 chart of GBP/AUD. It offers a bullish breakout opportunity for trading. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown on the chart).
Trade active:
Entry triggered on March 5 at 15:37 UTC with opening rate of 1.7907, SL=1.7765, TP=1.8261.
Trade closed: stop reached:
Stop-loss reached at 12:50 UTC.
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