GBPUSD : Descending triangle ready for breakout
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I think GBPUSD will range for few more hours before breaking out. I could have done wave counts and predict the direction of trade, but elliot wave counts also fail. So, instead of playing predicting game, we can enter direction of breakout and if that happens to be false one, the other side move will recover the lost pips and give more pips than we lose.
For aggressive trading - enter long on trendline breakout ( yellow) but its risky n aggressive too !
So here am looking for a breakout, but we need to wait patiently !
Happy Trading !
For aggressive trading - enter long on trendline breakout ( yellow) but its risky n aggressive too !
So here am looking for a breakout, but we need to wait patiently !
Happy Trading !
Transaction en cours
Bullish Breakout happened (late update)Note
Book your profits and if you want to trial, be very tight about thatNote
Another Trade setup, harmonic patterns : ( in a hurry,so updating in same post) Note
Both Targets achieved in gartley also, Enjoy Guys, we are having a very good day :)
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