W4DL

GBPUSD symmetrical triangle, up again!

Panjang
W4DL Telah dikemas kini   
FX:GBPUSD   Paun British / Dolar A.S.
Looking at this GBPUSD we can see a symmetrical triangle at the 1hr chart.
This is considered a continuation pattern, since we formed this triangle after going up. The odds are we will after the triangle as well.
If we continue in this pattern I will look for a good entry to long the GBPUSD.
I have drawn a descending line on the RSI, that could be helpful when looking for a good entry point when it is oversold.

Thanks for reading and I would appreciate some feedback or a like!
Komen:
Still in the triangle, the support holds pretty well.
There is not much to say about this for the moment, but if there is, I'll update.
Komen:
This was not what I expected, but after all I didn't trade this one and it was for learning purposes.
Think it has to do with a triangle that is not symmetrical enough to be a continuation pattern.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.