GBPUSD is forming Descending Triangle Short

British Pound/U.S. DollarFXCM

Description

⋅ Feb 21, 2020 9:49 AM

A descending triangle is forming. it is a good opportunity for us to seek a short entry.

there is a potential short trade at 1.29600

I will share an update when my sell limit is activated

Comments

MissLenoir

⋅ Feb 21, 2020 6:01 PM

Great analysis.
I think it's going down too.
Keep us posted !
Thanks for sharing.

JWSniper

⋅ Feb 22, 2020 7:06 AM

@MissLenoir, cheers mate