Ascending Triangle on GBP/AUD @ H4

The ascending triangle on the 4-hour chart of GBP/AUD presents a bullish breakout trade opportunity. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My potential take-profit level is shown with the green line. I will set the stop-loss order to the low of the breakout bar (not shown).

Ordem cancelada:

Cancelling the trade because it has broken to the downside.