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GBPUSD 60min Rising Wedge Breakdown
British Pound / U.S. Dollar
Short
GBPUSD 60min Rising Wedge Breakdown
By PateSkpate
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Updated
Feb 1, 2016
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Jan 29, 2016
GBPUSD on the 1hr has broken out of its Rising Wedge Pattern.. Look for a downside move back to structure and possibly further.
I'm short @ the Break and Close out of the wedge.
Stops are 1 ATR above the Breakdown bar
Targets are shown on the chart.. I only trade 2 targets.. But i wanted to give you guys options are where good targets can be.
Feb 1, 2016
Trade closed: stop reached
1hr
60min
breakdown
breakout
breakoutbar
breakouttrading
GBPUSD
momenutm
swingtrading
PateSkpate
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