PatiencePays777

Descending Triange w/ an Evening Star Candlestick Confirmation

Corto
OANDA:EURGBP   Euro/Libra esterlina
As you can see in the picture, EURGBP respected the trendline and bounced off of the green support zone to form a Descending triangle. Then, it broke through, and retested it with a forming Evening star Candlestick confirmation. This trade is a good trade to lose, since the setup is so perfect and the orange line is a monthly resistance level so it's a fair area for it to potentially turn into a downtrend here. I am not an expert and don't take my advice for fact. Trade at your own risk.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.