KaKeungChoi
Short

GBPCAD - Sell at breakout of Triangle

FX_IDC:GBPCAD   British Pound / Canadian Dollar
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2
GBPCAD - Sell at breakout of Triangle

This pair has broken the strong support zone which was shared in my last post.

and is now getting ready for the down side once the Triangle structure is broken, just like the previous one.
Set profit takes at those support zones, remember, zones can turn trade around. so always wait for Triangle formation complete with a true break out before entering the direction is heading.

If not sure how to trade my S/R zones, just click into the red note button on the bottom left hand side of the chart. thanks.

Comments

Target support reached
Reply
Price break the support zone and drop further low towards the next support zone.
Reply
Hit support zone. weaken it out, break it will go further low.
Reply
Triangle broken Price dropped lower as expected.
Reply
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