A look at the GBPUSD pair currently trading in a symmetrical triangle ranging in structure looking for the pair to range within the structure before we see some volatility on the pair this would be a perfect opportunity for more aggressive traders to find their entries on lower time-frames. looking for a break above of structure unless fundamental factors amongst other things prove otherwise targeting support level 1.28178 on a swing trade lets see how it goes...
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
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THE ABOVE TRADE IS A CONTINUATION OF THE ATTACHED TRADE KINDLY CHECK IT OUT THANK YOU...
Trade active
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Triggered now active, broke out of structure even though I thought the pair would be range bound a bit but we are triggered so adjust SL to the FTR on the 4H and hold risk free...
Trade active
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Seems the pair is range bound building an ascending triangle possibly signalling continuation... Hold