growthbank

[GBPUSD] Buy Idea Ascending triangle formation + double top

Long
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
On the higher timeframes we can see an obvious uptrend beginning to form on GBPUSD. The current price has gone back up and began to come down after confirming a double top on an ascending triangle formation. We are taking sells until it continues to go down to create a 3rd touch point of the triangle on the horizontal support line, where we have set our buy limit.

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