InsiderB

GBPUSD : Descending triangle ready for breakout

FX:GBPUSD   Pound British/Dolar U.S
I think GBPUSD             will range for few more hours before breaking out. I could have done wave counts and predict the direction of trade, but elliot wave counts also fail. So, instead of playing predicting game, we can enter direction of breakout and if that happens to be false one, the other side move will recover the lost pips and give more pips than we lose.
For aggressive trading - enter long on trendline breakout ( yellow) but its risky n aggressive too !
So here am looking for a breakout, but we need to wait patiently !
Happy Trading !
Perdagangan aktif: Bullish Breakout happened (late update)
Komen: Book your profits and if you want to trial, be very tight about that
Komen: Another Trade setup, harmonic patterns : ( in a hurry,so updating in same post)
Komen: Both Targets achieved in gartley also, Enjoy Guys, we are having a very good day :)
Thank you and have a nice weekend :)
+1 Balas
really worth it to see your charts
Balas
InsiderB raoadnan84
@raoadnan84, Ah ! Thats nice one,thanks :)
Balas
well done analysis :) ,, keep it up ,, you doing really professional work :)) ..all the best
:)
Balas
InsiderB AbodeaAlkin
@AbodeaAlkin, Thanks buddy , sure will do more :)
Balas
very good
+1 Balas
InsiderB MonishaP
@MonishaP, Thanks
Balas
is that falling wedge??
+1 Balas
InsiderB fadlyy
@fadlyy, No buddy, I prefer that as triangle
Balas
very good
+1 Balas
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