KaKeungChoi
Short

GBPCAD - Sell at breakout of Triangle

FX_IDC:GBPCAD   POUND STERLING / CANADIAN DOLLAR
20 3 1
GBPCAD             - Sell at breakout of Triangle

This pair has broken the strong support zone which was shared in my last post.
GBPCAD-Triangle to the downside?


and is now getting ready for the down side once the Triangle structure is broken, just like the previous one.
Set profit takes at those support zones, remember, zones can turn trade around. so always wait for Triangle formation complete with a true break out before entering the direction is heading.

If not sure how to trade my S/R zones, just click into the red note button on the bottom left hand side of the chart. thanks.

Triangle broken Price dropped lower as expected.
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Hit support zone. weaken it out, break it will go further low.
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Price break the support zone and drop further low towards the next support zone.
snapshot
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