Good Afternoon,
Three corrective patterns have been identified via GBP/USD first being a corrective contracting triangle, second being a corrective flag, and lastly the third being a pennant. The two previous correctives fabricated a breakout, expecting this one to do so as well.Enter on lower time frame, and look for confirmation. Execute on your own due diligence.
Thanks,
Trade Wisely
Three corrective patterns have been identified via GBP/USD first being a corrective contracting triangle, second being a corrective flag, and lastly the third being a pennant. The two previous correctives fabricated a breakout, expecting this one to do so as well.Enter on lower time frame, and look for confirmation. Execute on your own due diligence.
Thanks,
Trade Wisely
Trade closed: target reached