InsideMarket

Trade #18 GBPCHF - Selling the triangle completion.

Short
FX:GBPCHF   British Pound / Swiss Franc
I have identified this contracting triangle which gives a good opportunity to antecipate the next wave just before the consolidation ends.

At 15 minutes timeframe the 'E' wave has it structure broken (the thin blue line). So I placed the orders at the break-point of the line.


Happy trading!
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