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InsiderB
Feb 5, 2016 3:03 AM

Descending Triangle - waiting for Breakout : GBPUSD 

British Pound/U.S. DollarFXCM

Description

GBPUSD is forming descending triangle for past few hours and consolidating.
Possibly this can consolidate till Non Farm Payroll comes out but anything happen.
It can breakout either side bcos the triangle patterns can break any side.

For Targets we measured widest distance of the pattern, stops choose as per your plan.

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