WOOW Havent posted for a full month...Here you go TV.Pound 2.618
Hello Traders!
Pound seems to have topped at the trendline. very nice double top classic pattern. There is a 2.618 trade here, but I believe it will be short lived as price does not move in a straight line, especially after such a strong uptrend itr is very likely price corrects to prove there will be further downside. Due to the fight between bulls and bears here to take power, I believe this correction may turn into a 5 wave correction. Either way, there may be some good patterns intraday but this drop is most definitely one to keep on your radar. I will be very busy next few days, may or may not update but I'm sure my followers have an idea of what to look for.
Good Luck
Pound seems to have topped at the trendline. very nice double top classic pattern. There is a 2.618 trade here, but I believe it will be short lived as price does not move in a straight line, especially after such a strong uptrend itr is very likely price corrects to prove there will be further downside. Due to the fight between bulls and bears here to take power, I believe this correction may turn into a 5 wave correction. Either way, there may be some good patterns intraday but this drop is most definitely one to keep on your radar. I will be very busy next few days, may or may not update but I'm sure my followers have an idea of what to look for.
Good Luck
Trade active:
I had sold from top a week or two ago and took my profit. since price consolidated so well, I decided to re enter on the breakout
entries made on 1hr breakout pattern
entries made on 1hr breakout pattern
David K Giraldo
Sold a nd took my profits when price dropped hard 2 weeks ago