RaynLim

GBPUSD-Weekly Market Analysis-Feb21,Wk1

Short
RaynLim Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Although there is an Ascending Triangle formation on the 1-hourly chart, I'm waiting for a shorting opportunity of this setup as we can clearly see bearish movement to be more persistence, waiting for trading confirmation to short the market
Trade active:
My SL was at 1.3775. Entry price 1.3737. At this moment it has reached its accelerated trendline. I've shifted stops to entry attaining a risk-free trade.

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