GDPUSD: Ascending triangle pattern (Wait for confirmation)
Updated
After GDP:USD hit a double top at the resistance I've been bearish ever since. I think we will breakout of this ascending triangle pattern.
Wait for confirmation at the lines of the triangle. If breaks down, set a short trade & the target will be the trend line.
If stop-loss is broken go long.
Wait for confirmation at the lines of the triangle. If breaks down, set a short trade & the target will be the trend line.
If stop-loss is broken go long.
Trade active
Forgot to mention:ABCD pattern is also in place. Resistance cut it slightly short.
Trade closed: stop reached
Broke above resistance and hit the SL.
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