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joshocean1

GBP/AUD: Descending Triangle

Short
British Pound / Australian Dollar (FX:GBPAUD)  
joshocean1 Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Descending Triangle GBPAUD gbpaudshort trianglebreak supportbreakout
2
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trendanalysis chartpattern descendingtriangle gbpaud gbpaudshort trianglebreak supportbreakout
Another day, another triangle.

Possible short idea on GBPAUD based on closed bearish breakout candle through triangle support.

As always:
  • TP at triangle height.
  • SL above recents swing high.

Comment:
SL to BE
snapshot
Trade closed: stop reached:
SL at BE hit.
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