It has broken a previous resistance trend line and could possibly make it a support Let me know your thoughts, I’m only a beginner trader so don’t take my ideas for Gospel but I’d love to hear what you have to think about this idea.
I’ll need to look at fundamentals before I would decide to take this trade, but it there is a breakout of the trend line then it could be a possible indication to take the trade I am a new trader so all criticism that you have would be greatly appreciated. I’m still trying to learn so let me know how I can improve!
Descending triangle forming on GBPZAR. A long position could be possible if there is a breakout. I’m a new trader and all criticism is welcome. If you disagree with this idea please say so I’m just trying to improve