Possible Descending Triangle In GBPCAD

In this Chart of Forex Market as You can see There is possible Descending Triangle. This triangle is about to complete if a minor rise occurs and then the price fall out of triangle. The possible target is also shown in the picture. watch it closely. New Updates will come for this idea in tradingview.

Note

Now we have a complete shape of a descending triangle in this pair. all we need is a penetration from lower boundary.

Note

failed to penetrate the lower Boundary. We obviously can ignore triangle.

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