born2bwylde2005

GBPUSD Descending wedge possible APEX break out or sell off

Long
FX:GBPUSD   British Pound / U.S. Dollar


Price hit the top line and seems to be possibly pulling back to prepare for a short run but its possible since price is near the top line could possibly break out and go out of control from there. keep eyes out only buy when break out is assured.

if it doesn't break out it will have to go short. so if you go short its safe due to where its at but watch out for possible break out. rally will take a while after break out but will match the back end of the triangle pattern so this will be a huge rally if it takes place now.
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