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Be prepared for the Breakout

British Pound / U.S. Dollar (OANDA:GBPUSD)  
LorbeerInv  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis trendtrading countertrend brekaout
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trendanalysis chartpattern beyondta trendtrading countertrend brekaout
Volatility collapsed creating a triangle or wedge pattern
#1 - A breakout to the upside could result in a new swing high => classic trend trade
#2 - A breakout to the downside could result in an ABCD pattern. Traders can chase the D point into SUpport then build a trend trade position
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