EURGBP: Ascending Triangle In Bear Trend
Updated
hey traders,
on EURGBP we have a perfect example of a descending triangle in a bearish trend.
it is a very classic reversal pattern indicating a weakening bearish momentum.
We trade it waiting for a bullish breakout of a horizontal structure resistance to long the market.
Stop 0.8815
T1 - 0.887
T2 - 0.889
Note
That was very painful guys :)I know that some of your very stopped out with the spread.
I am still in and hopefully it wont retrace again!)
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