Triangle Breakout Long/Short with Bullish look
Updated
If you look at some of my past ideas on GBPUSD you will see I'm bullish long term and this is just another trade set up I'm seeing develop on the charts.
London Open will be very volatile and a must watch for this pair as high impact news with chart patterns and some technical analysis have me bullish for some major pips this week.
If the triangle breaks down look to reach 1.29 as the first key support level for an easy 150 pip move down and be able to change your outlook based off the market conditions.
London Open will be very volatile and a must watch for this pair as high impact news with chart patterns and some technical analysis have me bullish for some major pips this week.
If the triangle breaks down look to reach 1.29 as the first key support level for an easy 150 pip move down and be able to change your outlook based off the market conditions.
Note
Looking to hit the first Resistance within triangle but just wait until New York session to break out of the triangle if not by tomorrow's London
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