This GBP/CAD 4-hour chart shows a descending triangle pattern that can be used to enter a rather short-term sell trade on a successful bearish breakout. The triangle's borders are marked with the yellow lines. The cyan line is where my potential entry level will be. The green line marks my take-profit level. I will set the stop-loss level to the triangle's highest point (1.52235) marked with the red line. I will ignore bullish breakouts from this trend continuation pattern, which follows a long-term downtrend in the currency pair.
取消訂單
Trade setup cancelled due to the pattern invalidation.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。