rising wedge + fib confluence

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Support and Resistance Fibonacci Wedge

supportandresistance fibonacci wedgepattern

snapshot

hey traders,

simple short on pound dollar.

we have a rising wedge pattern,
and bear rejection of a fib confluence level.

just sell the breakout of a wedge with target based on the initial low.

good luck!

Comment:

no confirmed breakout

Comment:

broken and going down

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about USDCAD 4

about USDJPY

about SPX500 4

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.