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HANHAHA

Major bear trendline breakout ?

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
HANHAHA Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns breakout Ascending Triangle Ascending Channel GBPUSD LONG
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trendanalysis indicator chartpattern breakout ascendingtriangle ascendingchannel gbpusd long
The major down trendline which lasted a month (Jul 30th) had finally break through.
The new trend may started if the price ranges between the ascending triangle pennant.
For bulls trade, wait for the retest at the downside of the ascending triangle before entering the trade.
Comment:
Price rebound with respect to the rising wedge
Profit : 50 pip
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