GBP/USD - FALLING WEDGE
the obvious pattern here with a profit projection of the FIB retracement 1.618 target.
Looking for a bounce in the green box - if we don't will reassess and go back to the drawing board.
What is the catalysis for this news to break, well it is starting to come out that the U.S are almost struggling to find an alternative source of power, or could it be the fact the the FED rate hike could be near to nothin on the next FOMC... Lets see what the market gives us and lets use it to our advantage and make a living somehow.
Take care and trade well people.
Looking for a bounce in the green box - if we don't will reassess and go back to the drawing board.
What is the catalysis for this news to break, well it is starting to come out that the U.S are almost struggling to find an alternative source of power, or could it be the fact the the FED rate hike could be near to nothin on the next FOMC... Lets see what the market gives us and lets use it to our advantage and make a living somehow.
Take care and trade well people.
Comentarios:
we are still in this range.. p.a can still go down. waiting for a clear and strong entry before going long