GBP/USD: Triangle Breakout? Calm before Storm
Simple analysis on this pair. We're looking at a triangle on a short time Frame, yet are not going to let it distract us.
This trade is simple. WAIT, for the market to hit the major support band to get in Long.
In the even the low volume transforms into big volatility and we breakout of the Red Descending Trend line, wait for a pullback to the Mov Avg and Get in Long.
Until the market does one of these two things, don't trade this pair. Keep it safe and profitable.
This trade is simple. WAIT, for the market to hit the major support band to get in Long.
In the even the low volume transforms into big volatility and we breakout of the Red Descending Trend line, wait for a pullback to the Mov Avg and Get in Long.
Until the market does one of these two things, don't trade this pair. Keep it safe and profitable.
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