📈 GBP/USD M5 – Symmetrical Triangle Formation 🔺
The chart is compressing like a spring — a breakout is coming! 💥
These setups don’t lie... only the trader does if they don’t prepare. 😉
🔍 Pattern: Symmetrical Triangle
🕔 Timeframe: 5-Minute (M5)
📉 What’s Happening:
Price is consolidating between converging trendlines — a classic indecision zone before an explosive move.
📚 How to Trade It:
✅ Wait for a breakout with strong volume
✅ Enter on retest or breakout candle close
✅ Place stop just outside the opposite end of the triangle
✅ Target based on the height of the triangle (measure the base)
💬 Price contracts before it expands — master the squeeze, and you master the breakout.
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