Ascending Triangle on GBP/CHF @ H4

28 Oca 2023

This short-term ascending triangle pattern appears on the H4 chart of GBP/CHF. I am planning to use it for a long breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. The stop-loss is to be set to the triangle's bottom point at 1.13090. I will ignore downside breakouts from this bullish continuation pattern.

1 Şub 2023

Emir iptal

Trade setup cancelled due to the pattern invalidation.