InsiderB

GBPUSD : Descending Triangle Waiting for Breakout

FX:GBPUSD   British Pound / U.S. Dollar
Hi Guys,

In GBPUSD             the market is pretty much ranging for sometime and we have descending triangle formation which is about to breakout. While trading triangles the important thing to note is to avoid the false breakouts. Enter the breakout direction after checking your risk reward for the trade. Usually descending triangle breaksout downside but anything can happen , so be planned before you enter the trade.

Hit Likes to show your support...Thanks for your support
Happy Trading !!
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out