Loading Logo

рд▓реЛрдб рд╣реЛ рд░рд╣рд╛ рд╣реИ..

ЁЯУИ GBP/USD M5 тАУ Symmetrical Triangle Formation ЁЯФ║

The chart is compressing like a spring тАФ a breakout is coming! ЁЯТе
These setups donтАЩt lie... only the trader does if they donтАЩt prepare. ЁЯШЙ

ЁЯФН Pattern: Symmetrical Triangle
ЁЯХФ Timeframe: 5-Minute (M5)
ЁЯУЙ WhatтАЩs Happening:
Price is consolidating between converging trendlines тАФ a classic indecision zone before an explosive move.

ЁЯУЪ How to Trade It:
тЬЕ Wait for a breakout with strong volume
тЬЕ Enter on retest or breakout candle close
тЬЕ Place stop just outside the opposite end of the triangle
тЬЕ Target based on the height of the triangle (measure the base)

ЁЯТм Price contracts before it expands тАФ master the squeeze, and you master the breakout.

#gbpusd #forexpatterns #trianglebreakout #scalpingsetup #forexsignals #symmetricaltriangle #priceactionpro #chartwisdom #forextips #breakouttrading #smarttrader #instaforex #candlestickpatterns #learntotrade

image