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kjvmusic3

GBPUSD (PRICE ACTION)

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
kjvmusic3  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis priceaction priceactionanalysis pricemovement chartanalysis chartpattren chartpaterns candlestickpattern candlestickspatterns candleformation
3
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trendanalysis chartpattern beyondta priceaction priceactionanalysis pricemovement chartanalysis chartpattren chartpaterns candlestickpattern candlestickspatterns candleformation
Price retest 1.124400 area three times. this is the third time and a rising wedge is spotted around the resistance area, indicating the reversal of trend.
Stop loss is 70pips, target is 340 pips
Risk to Reward radio is 1:4.5
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