formation of a new pattern of descending triangles gbpjpy short
formation of a descending triangle on the daily chart formed by a trendline that has been validated four times and support I is validated, it is expected that price does break the pattern of descending triangle to go to the next monthly support, which is in 118.75-116.40.
Trade active:
the next stop for sterling will be $ 118.75- $ 116.40,
for which he should be paying attention to this pair for the next few days.
for which he should be paying attention to this pair for the next few days.
Trade active:
you can see the breakdown of a flag and continued the downward trend towards 121. enjoy trade.