swissmoneymakers

GBPUSD - Symmetrical Triangle - Down-Movement expected

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

The market recently broke the Trendline.

Since then, it is moving in a symmetrical Triangle.

In this Symmetrical Triangle you can also see a Range.

If the price gets pressure by the 200MA, it is very likely that
it'll break the triangle too.





Thanks and successful Trading :-)!

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