EURGBP: Ascending Triangle In Bear Trend

hey traders,

on EURGBP we have a perfect example of a descending triangle in a bearish trend.
it is a very classic reversal pattern indicating a weakening bearish momentum.

We trade it waiting for a bullish breakout of a horizontal structure resistance to long the market.

Stop 0.8815

T1 - 0.887
T2 - 0.889

Kommentera:

That was very painful guys :)
I know that some of your very stopped out with the spread.
I am still in and hopefully it wont retrace again!)