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mortdiggiddy

Renko Shows the Way?

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
mortdiggiddy Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Beyond Technical Analysis
5
0
trendanalysis beyondta
While everyone is searching for the GU reversal, a 4HR close above 1.3600 may do the trick. Not expecting a whole lot from any move, potential first target shown though I have posted other possibilities to 1.3675 and 1.3750.
Comment:
Renko band script:
Renko Price Bars Overlay
Comment:
14-period ATR Band is used, with rounding set to nearest 20 pips for this post only (band width is multiples of 20 pips).
Find the edge.

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