theha02021982

GBPUSD is waiting for a breakout

Long
theha02021982 Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
W1: Approaching the old peak
D1: in an uptrend but the uptrend weakens (2-headed pull-out candle)
H4: Sideway in frame 1.363-1.376
H1: Being in the price triangle, the bottom is gradually higher, has approached 1.3745 -1.376 4 times
=> 1. Increase the top edge break, probability 65%
=> 2. Decreased breaking the lower trendline, probability 35%
Comment:
If the price breaks down the lower diagonal trenline and the price of 1.363, confirm the end of the cross wave pattern on the H4 bracket.
=> Priority transfer from Buy to Sell
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