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VladimirRibakov

EURGBP Triangle Breakout

Euro / Libra Esterlina (FX:EURGBP)  
VladimirRibakov  
FX:EURGBP   Euro / Libra Esterlina
breakout EURGBP SELL buy LONG short Triangle
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breakout eurgbp sell buy long short triangle
There are two possible scenarios for this pair. It is currently trading inside a range. I will be trading the breakout according to the direction.

If it breaks up, I want to see a higher highs, correction and buy towards the last swing high.

If it breaks down, same but vice versa - lower lows, correction a and sell towards the gap.

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