descending triangle - sell the violation of support
good morning everyone,
on pound dollar, the market is still testing a significant level of resistance.
now we see a clear rejection of this area
on a lower timeframe, we see that the price is coiling in a descending triangle.
bearish violation of its support will give us good selling opportunity
with targets based on structure.
let the candle close below the support, only then take actions!
good luck!
Note
one more test of support
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.