Hello Traders
an ending diagonal on 1 hour chart GBP/USD is almost completed and it looks like "a throw over on wave 5 just occurred " (a brief break of the trend line connecting the end points of wave 1 and 3). if this in fact a valid analysis expect a sharp decline retracing at least back where it started or even further
an ending diagonal on 1 hour chart GBP/USD is almost completed and it looks like "a throw over on wave 5 just occurred " (a brief break of the trend line connecting the end points of wave 1 and 3). if this in fact a valid analysis expect a sharp decline retracing at least back where it started or even further
Trade closed: stop reached