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michaelnagy
Feb 7, 2017 1:35 PM

Break of triangle after breaking higher TF channel Short

FX:GBPUSD15
British Pound/U.S. DollarFXCM

Description

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  • The triangle has been broken
  • This is a risky trade, the retracement after the break of the bigger strutucture is too low for me, I prefer retracements to 50 ~ 61.8%, so its quite possible that the price will test the previous structure on 50 ~ 61.8% of fibo.
Triangletrianglebreak
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