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chavezallen

GBPUSD: POTENTIAL SHORT POSITION.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
chavezallen  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
Confluence:

1. Strong bullish breakout above 1.46520 daily support.
2. Observation of higher lows on 4HR timeframe becoming eak. (TRADING TF)
3. Observed ascending broadening wedge pattern on 4 HR TF.
4. Waiting for a break below 1.46520 daily support before entry.
5. Wait for market open to observe price action at blue area
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