Descending triangle pattern(sell idea)

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

trendanalysis harmonicpatterns chartpattern descending descendingtriangle

price is under 50 and 200 ema
breakout candle has above average volume
getting rejection from Triangles base

Trade closed: stop reached:

News

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.