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GBPUSD Falling wedge

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FX:GBPUSD   British Pound/U.S. Dollar
55 1 0
Taking long with 30min rsi divergence as a aggressive entry

For self study

The breakpoint is generally located around 65% of the length of the falling wedge .
Entry: Take a position at the breakout of the resistance
Stop: The stop is placed below(above) the last lowest(highest)
Target: Theoretical target of the pattern
Advantage: The theorical target of the pattern is almost always reached (88%).
Disadvantage: There is 1/4 of false breakouts
snapshot
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