GBPUSD ASCENDING TRIANGLE, Bullish Outlook LONG!
Updated
Hi Guys,
GBPUSD 1H TF seems to me like its trying to break out of the ascending triangle.
I would say a close above 1.4365 (1H TF OR 4H TF) will indicate that this is not a false breakout, and more upside can be seen.
Target will be the 1.618 extention, or whole number resistance (1.45)
Please comment or like if it helps, i am open to any critics as well (:
All the best!
GBPUSD 1H TF seems to me like its trying to break out of the ascending triangle.
I would say a close above 1.4365 (1H TF OR 4H TF) will indicate that this is not a false breakout, and more upside can be seen.
Target will be the 1.618 extention, or whole number resistance (1.45)
Please comment or like if it helps, i am open to any critics as well (:
All the best!
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This one seems to be a false breakout.But we learn from our mistakes (:
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