GBPUSD-Weekly Market Analysis-Feb21,Wk1

Although there is an Ascending Triangle formation on the 1-hourly chart, I'm waiting for a shorting opportunity of this setup as we can clearly see bearish movement to be more persistence, waiting for trading confirmation to short the market

Trade aktif:

My SL was at 1.3775. Entry price 1.3737. At this moment it has reached its accelerated trendline. I've shifted stops to entry attaining a risk-free trade.