Major bear trendline breakout ?
Updated
The major down trendline which lasted a month (Jul 30th) had finally break through.
The new trend may started if the price ranges between the ascending triangle pennant.
For bulls trade, wait for the retest at the downside of the ascending triangle before entering the trade.
The new trend may started if the price ranges between the ascending triangle pennant.
For bulls trade, wait for the retest at the downside of the ascending triangle before entering the trade.
Note
Price rebound with respect to the rising wedgeProfit : 50 pip
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