expndingwedge

glennmercer glennmercer PRO GBPNZD, 240, Long , 5 months ago
GBPNZD: GBPNZD Long: Potential Triangle/Channel Breakout
124 0 13
GBPNZD, 240 Long
GBPNZD Long: Potential Triangle/Channel Breakout
Price is in the potential reversal zone for a weekly bullish bat and at point E of an expanding wedge. If price breaks out of the ascending triangle (usually a continuation pattern and sometimes a reversal pattern) it may act as a catalyst to break out of the ascending channel as well. This could mark a large ...
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