GBPTRY breakout - the pattern
GBPTRY is a great trade as always, even better when traded with 0.0 pips spread and NO swap fees.
On topic - looks like an inverted head and shoulders pattern on this time frame and may rise up quite nicely today, tomorrow, toy Yoda.
Or it would fall under the descending triangle pattern and slide back to where it came from.
Let's have a look-see.
This is just a pattern analysis and not financial advice. When we give advice we usually sign a contract to protect your capital.
On topic - looks like an inverted head and shoulders pattern on this time frame and may rise up quite nicely today, tomorrow, toy Yoda.
Or it would fall under the descending triangle pattern and slide back to where it came from.
Let's have a look-see.
This is just a pattern analysis and not financial advice. When we give advice we usually sign a contract to protect your capital.
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.