Ascending Triangle on GBP/NZD @ D1

An ascending triangle pattern appeared on the daily chart of the GBP/NZD currency pair. I am going to use this continuation chart pattern for a bullish breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. The stop-loss is to be set to the triangle's bottom point at 2.03382. I will ignore bearish breakouts from this formation.

Trade ist aktiv:

Long trade entered at 2.09731 with SL=2.03442 and TP=2.14900 at 1:20 UTC today.

Kommentar:

Stop-loss moved up to 2.04493.

Trade geschlossen: Ziel wurde erreicht:

Take-profit hit at 00:15 UTC today.