GBPUSD LIEKLY TO BREAK THE WEDGE ON 7TH TOUCH Short

British Pound/U.S. DollarFXCM

Description

⋅ Jun 29, 2016 4:57 AM

PRICE IS LIKELY TO BREAK THE WEDGE AT 7TH TOUCH, AND WE CAN TAKE THE TRADE TO SHORT IT WHEN IT COMES BACK TO RETEST THE BOTTOM OF THE WEDGE.

IF PRICE CHOOSES TO GO UP, WAITING FOR PULL BACK TO LONG IT WHEN RETESTING THE UPPER WEDGE.

Daily Charts income

Comments

Johnny_Yu

⋅ Jun 30, 2016 5:39 AM

IT DID NOT FILL THE WHOLE GAP, JUST HALF OF IT BEFORE GOING DOWN AGAIN. SELLERS MAY TAKE CONTROL AGAIN.