GBPUSD: Potential Channel

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD: Potential Channel


Thank you and Good Luck!
Order cancelled: Price didn't manage to close the candle below of the flag and now it is moving higher and is retesting the upper part of the flag. I will keep an eye on this trade for any good opportunity again. Cheers
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I sincerely hope my idea helps about funds backup
100 coins
+1 Reply
Comment removed.
Question this is a falling wedge. In "long term" this will be a bull if it hits the third Red Flag is that right?
Thanks in Advance!
+5 Reply
KlejdiCuni Angel1219
@Angel1219, From the technical perspective the price should move up again after reaching the third flag. Anyway, the analysis should be done step by step as we will never know what may happen at the third flag, as the price may push also lower. In that zone I like to close my profits and to collect data for any potential reversal. Thank you.
I have seen nothing better!
+2 Reply
Good point!
+1 Reply
Interesting development thx :)
+1 Reply
Very interesting, Good work mate ;)
+1 Reply
great thanks for sharing
+1 Reply
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