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NickofJupiter
Oct 4, 2016 1:40 PM

GBPUSD Long Analysis Long

FX:GBPUSD60
British Pound/U.S. DollarFXCM

Description

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We are at the bottom of this channel with some MACD divergence.
Seems like a good place to buy.

Comment

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Falling wedge developing

Trade closed: stop reached

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GBPUSDDivergenceBullish PatternsCandlestick AnalysispriceactionAB=CDFibonacciParallel Channelreversal
Comments
420snoop
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I like your idea of buying! I think I am aiming for a buy at the gann line I have drawn from the monthly time frame in red
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