After a breakout to the upside from previous consolidation phase. Price is now back in consolidation, forming another triangle pattern this time round. Price is currently very near to the end point of the triangle and price will be breaking out of this pattern soon.
Breakout traders might want to keep an eye on this and look out for any break out next week.
I would love to hear your opinion, feel free to comment, agree or disagree.
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KY
Breakout traders might want to keep an eye on this and look out for any break out next week.
I would love to hear your opinion, feel free to comment, agree or disagree.
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!
Have a great pipping day!
www.fxpipsology.com/
www.facebook.com/fxpipsology
Cheers,
KY
