Get started
StrataOrion

Compressing Symmetrical Triangle - GBPUSD

British Pound / U.S. Dollar (FX:GBPUSD)  
StrataOrion Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD trading Supply and Demand Symmetrical Triangle shortsetup longsetup Trend Lines Forex forex_signals
7
0
gbpusd trading supplyanddemand symmetricaltriangle shortsetup longsetup trendline forex forex_signals
For the interim, I am Neutral on this pair until I see how price action reacts upon the approach of the Up-Trend Trendline. If it respects the Up-Trend Trendline, then I will look for longs towards Down-Trend Trendline, but it if manages to break the Up-Trend Trendline, upon retest look for possible short into supply zone which is also a significant support level also lining up with 61.8% extension fib level.

snapshot

“Trading The World” – “The Clinical Error” – Please support the movement, “Trading The World” one PIP at a time. Like us at

Facebook: www.facebook.com/TradingTheWorld/
Instagram: www.instagram.com/strataorion/
Twitter: twitter.com/strataorion
Telegram: t.me/tradingtheworld
Stocktwits: stocktwits.com/StrataOrion
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.