The Graph / British PoundPembelian
GRT Descending triangle- bullish reversal incoming.
This GRT/ GPB trendline I'm confident is about to break to the upside. A descending triangle is often interpreted as a bearish pattern, however in this instance I believe its a reversal based on a strong horizontal support line about 3-4 weeks old.
I often trade this type of pattern- and this looks like a classic. GRT when it goes- goes like a whippet.
I often trade this type of pattern- and this looks like a classic. GRT when it goes- goes like a whippet.
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