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British Pound / Australian Dollar
Short
Updated

GBP/AUD: Descending Triangle

85
Another day, another triangle.

Possible short idea on GBPAUD based on closed bearish breakout candle through triangle support.

As always:
  • TP at triangle height.
  • SL above recents swing high.


Note
SL to BE
snapshot
Trade closed: stop reached
SL at BE hit.
joshocean1
Chart PatternsDescending TriangleGBPAUDgbpaudshortsupportbreakoutTrend Analysistrianglebreak

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsDescending TriangleGBPAUDgbpaudshortsupportbreakoutTrend Analysistrianglebreak
joshocean1

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.