TradingView
KaKeungChoi
Oct 1, 2016 11:29 AM

GBPCAD - Sell at breakout of Triangle Short

BRITISH POUND / CANADIAN DOLLARICE

Description

GBPCAD - Sell at breakout of Triangle

This pair has broken the strong support zone which was shared in my last post.


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.

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