TradingView
Exogenous
Sep 18, 2016 9:53 PM

GBP/USD Short

BRITISH POUND / U.S. DOLLARICE

Description

This downtrend includes variations of false breakouts, I believe we may see a retest up towards structure levels in order to setup potential shorts, in the meantime I think that the trend will create a bullish structure in order to maintain volume within the range of movements created. Thus, involving new lower highs to signal a bearish formation that could occur in which the trend could potentially affiliate within the lines of the descending wedge pattern.

Order cancelled

More