GBPCAD 5-0 vs Triangle

Price has completed the 5-0 pattern but can not find buyers. On the other hand, there is a tri-angle forming which looks like will break down.

We'll wait for the battle and pick the winning side.

Like and comment if you find value in our analysis.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.

Transakcja zamknięta: osiągnięto wyznaczony cel:

Target 1 is hit.
1/1.75 RR
Banked 50%