GPB/USD 1 Day TF Rising Wedge ... 560 pip Target

FX:GBPUSD   British Pound / U.S. Dollar
805 8 0
GPB/USD 1 Day TF Rising Wedge ... 560 pip Target
I think price will break out at the bottom rising wedge and go to 1.4985 area eventually
Setup: place trade only if price breakout out below the triangle 1.5545 area

High 1.5660 minus Low 1.5100= 560 pips target
Breakout 1.5545 area to go down 560 pips to 1,4985 area
This calculation is based on a rough break out area estimation

These are the videos i learned on how to trade forex
This is a video on how to place stop out and limits on trading triangles

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I accept tips for my advice at my blog or Bitcoin             wallet 1HgbYqeaAHftzCWTEfejFt7mPST7CwXZRK
Tips are not neccesary to use my fx advice...my advice is free
I closed this chart ...Made some Profit ...Price action stoped-out over-all target
GBP/USD I am watching price movement on this chart
I am following this chart
Breakout at bottom of the triangle
If your planning to trade inside of the triangle this chart looks good ...but its can be high risk to trade inside of triangles if you are undercapitalized for drawdowns
exploration exploration
Chart double posted
his chart has the same kind of estamation as mine
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