GBPUSD short. Rising wedge formation.
Rising wedge forming. Big short. DXY will move up. GBP will also be moving down.
Should touch the support (red line). If we get a break of the wedge we will be moving down.
May get another re-test of the current support (black line) after the breakout.
Going to short now.
Stop loss at previous swing high (1.329).
Good luck.
Should touch the support (red line). If we get a break of the wedge we will be moving down.
May get another re-test of the current support (black line) after the breakout.
Going to short now.
Stop loss at previous swing high (1.329).
Good luck.
Order cancelled:
Moved back into the rising wedge.
Comment:
Failed to close outside on the 4 hour candle.
Trade active:
Trade closed: target reached:
Big ooft
Down we go.