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UnknownUnicorn2760874
Jun 25, 2019 10:05 AM

GBP/USD Falling Wedge Short

British Pound/U.S. DollarFXCM

Description

Priority: Short
Reasons for open position:
- Reversal pattern Fallind Wedge
- We need to wait confirmation only after this open position
- Price near strong resistance

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Trade active

Trade closed: target reached

Comments
fxtrademooola
Great short set up.
UnknownUnicorn2760874
@fxtrademooola, Thanks buddy :)
Craig_Claussen
Agreed!
And it looks to be forming an inverse H&S on the bigger chart.
Could be a solid long re-entry after this retracement finds support
UnknownUnicorn2760874
@Craig_Claussen, Yeah, u right, I too see an inverse H&S
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