Hi traders,
I've been observing GBPUSD 's consolidating channel for the past few months (on the monthly timeframe) and see that although we have a blacksheep at the current market price, we should see the currency continue to plummet following these steps:
Step 1: The maket will reject at the tail/ shadow of the our blacksheep candle and form another blacksheep...
I only started learning Finance and Markets 9 months ago so please don't take any of my ramblings as financial advice.
I am a black sheep just like VIAC here.
I got into the markets because of GME but stayed because of VIAC.
The market is vastly more complex and ruthless than I ever imagined.
It really is a virtual playground for a lifetime gamer like me....
The Inverse Parabol:
TIP is based on a reinterpretation of some parabolic basic chart patterns.
Hope you enjoy!!
Love & Good Luck, guys! Hard times are coming after the recovery... ;-(
