W4DL

GBPUSD symmetrical triangle, up again!

Long
W4DL Aggiornato   
FX:GBPUSD   Sterlina / Dollaro
Looking at this GBPUSD we can see a symmetrical triangle at the 1hr chart.
This is considered a continuation pattern, since we formed this triangle after going up. The odds are we will after the triangle as well.
If we continue in this pattern I will look for a good entry to long the GBPUSD.
I have drawn a descending line on the RSI, that could be helpful when looking for a good entry point when it is oversold.

Thanks for reading and I would appreciate some feedback or a like!
Commento:
Still in the triangle, the support holds pretty well.
There is not much to say about this for the moment, but if there is, I'll update.
Commento:
This was not what I expected, but after all I didn't trade this one and it was for learning purposes.
Think it has to do with a triangle that is not symmetrical enough to be a continuation pattern.
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.