InsiderB

GBPUSD : Descending triangle ready for breakout

FX:GBPUSD   British Pound/U.S. Dollar
4 months ago
I think GBPUSD             will range for few more hours before breaking out. I could have done wave counts and predict the direction of trade, but elliot wave counts also fail. So, instead of playing predicting game, we can enter direction of breakout and if that happens to be false one, the other side move will recover the lost pips and give more pips than we lose.
For aggressive trading - enter long on trendline breakout ( yellow) but its risky n aggressive too !
So here am looking for a breakout, but we need to wait patiently !
Happy Trading !
4 months ago
Trade active: Bullish Breakout happened (late update)
4 months ago
Comment: Book your profits and if you want to trial, be very tight about that
4 months ago
Comment: Another Trade setup, harmonic patterns : ( in a hurry,so updating in same post)
snapshot
4 months ago
Comment: Both Targets achieved in gartley also, Enjoy Guys, we are having a very good day :)
zenikibeniki
4 months ago
very good
+1 Reply
InsiderB zenikibeniki
4 months ago
@zenikibeniki, Thanks man !
Reply
fadlyy
4 months ago
is that falling wedge??
+1 Reply
InsiderB fadlyy
4 months ago
@fadlyy, No buddy, I prefer that as triangle
Reply
MonishaP
4 months ago
very good
+1 Reply
InsiderB MonishaP
4 months ago
@MonishaP, Thanks
Reply
AbodeaAlkin
4 months ago
well done analysis :) ,, keep it up ,, you doing really professional work :)) ..all the best
:)
Reply
InsiderB AbodeaAlkin
4 months ago
@AbodeaAlkin, Thanks buddy , sure will do more :)
Reply
raoadnan84
4 months ago
really worth it to see your charts
Reply
InsiderB raoadnan84
4 months ago
@raoadnan84, Ah ! Thats nice one,thanks :)
Reply
piptamil
4 months ago
Thank you and have a nice weekend :)
+1 Reply
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