descending triangle - sell the violation of support

15 mars 2019

good morning everyone,

on pound dollar, the market is still testing a significant level of resistance.
now we see a clear rejection of this area


on a lower timeframe, we see that the price is coiling in a descending triangle.
bearish violation of its support will give us good selling opportunity
with targets based on structure.

let the candle close below the support, only then take actions!

good luck!

15 mars 2019

Note

one more test of support