descending triangle

$0.00

0.00 $ earned

1 views

SELL GBPUSD
Click to zoom in
speculatorLT
speculatorLT published an idea on GBPUSD, D1
4 years ago

I'm a little confused with a direction of gbpusd. There is a nice descending triangle. After breaking it price perhaps will continue to fall dawn. On the other hand it is price action level 1,204-1,207, where price rebounded from it 4 times. Isn't it time for a bigger correction?

  • 0
  • Comment
    0

Comments

ADD IMAGE

    That should interest you

    DONROYAL TRADING ACADEMY published an idea on GBPUSD, H4
    SELL  GBPUSD

    GBP/USD April 14, 2021 DO WHAT YOU SEE

    Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the “Descending Triangle” pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3758. Moving averages indicate…

    Biznes-Broker.com published an idea on GBPUSD, H4
    NEUTRAL  GBPUSD

    GBPUSD on Monday

    The British Pound pair with the US Dollar is still in a downward trend. We have a similar situation as last week when I wrote that if a level is tested several times by investors, each time there is a greater chance of breaking it. So we have this time. The level…