GBPUSD Sudden BREAK!

٢١ أكتوبر ٢٠٢٠

Since the beginning of September, the price has been moving in the "Wedge" or "Equilateral Triangle" pattern - moving between the support and resistance lines. The peculiarity of this pattern is that the price in it can either continue to move in an existing trend or reverse in a new trend.



Since the beginning of the month, the price has touched the lines of the pattern five times. And now suddenly it has broken through both nearest support lines and started to grow. I expect that now the price will rise to the resistance line 1.313

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻