if breakout consolidation, good to sell. This is just reference for myself.
Bearish pinbar, buy with SL just past trend line.
Trend line has been hit, opened a buy with stop last past trend line.
Trend line broken, being retested. Tight SL back inside trend line if it breaks through again. Trade with caution :)
Two possible outcomes. Trade with caution and discipline. Good luck :)
This is my first chart. I am still a student studying forex trading, and i am also inexperienced. I trade strictly wave patterns and trends. GBPUSD trend line has been broken, a retest on the line is happening now i see. I have opened a sell with SL at 1.4485 just back inside the triangle wedge. I believe it will bounce off trend line and drop. Just my view :)