Koryphaeen
Panjang

GBPAUD ascending triangle idea

FX:GBPAUD   Pound British/Dolar Australia
93 0 2
I really can't ignore that ascending triangle which is forming right now, as in the case of the gold             yesterday. anyway, I would take the agressive entry in this case, minimizing the risk in the eventuality in breaks and closes through the blue support line. My entry is at the touching point with the blue line. It could be taken in a conservative way as well, when price action breaks through and retests the red resistance line. Both of the entry possibilities are showed in the chart as well as other details.
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