GBPAUD - descending Triangle
As you can see in the chart, GBPAUD is forming a descending triangle in the 4hr chart.
The Lower TF took an change in trend after the massive liquidity sweep. Now, 4hr is showing signs of the trend continuation pattern.
I entered the trade at 1.63900
Tp1: 1.93300 (The base of the triangle)
Tp2: 1.92650
Tp3: 1.91800
The Lower TF took an change in trend after the massive liquidity sweep. Now, 4hr is showing signs of the trend continuation pattern.
I entered the trade at 1.63900
Tp1: 1.93300 (The base of the triangle)
Tp2: 1.92650
Tp3: 1.91800
Trade active
Good reaction from the top of the triangleTrade closed: target reached
TP1 done
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.