GBPUSD is printing a descending triangle pattern.
Potential breakdown.
Sell entry ⬇️ - breakdown below the descending triangle's horizontal support.
Target 🎯 - fibonacci extension levels, projected descending channel support.
Setup invalidation ❌ - breakout above the descending triangle's inclined resistance.
Potential breakdown.
Sell entry ⬇️ - breakdown below the descending triangle's horizontal support.
Target 🎯 - fibonacci extension levels, projected descending channel support.
Setup invalidation ❌ - breakout above the descending triangle's inclined resistance.