schoelli
Short

GBP/USD Descending Triangle Sell Setup

FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBP/USD is moving within a descending Triangle . This Pair broke an ascending Trendline to the bottom and formed a little pullback. I expect another move to the upside (the Trendline ) and then a breakout to the bottom. I'll enter a short Position after the breakout. Scenario 2 is a break to the upside, out of the descending Triangle which cancels the short setup and offers the opportunity to enter long positions.
Trade safe, Daniel
Likes and comments are appreciated and would keep me motivated
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