GBPUSD - GU could have a altitude flight
Price broke out of the big downtrend (white fork), took a couple dance-steps on it (yellow ovals) and gained strength.
Look what the pink bar did.
It broke the prior small resistance with gusto (Indication!).
Then it flung up and down a couple times, and defended the grounds (green) to break the U-MLH (blue fork).
The close outside the blue downsloping fork and the higher highs (exponential dashed blue line) is enough for me to take a first load and go long.
P!
Look what the pink bar did.
It broke the prior small resistance with gusto (Indication!).
Then it flung up and down a couple times, and defended the grounds (green) to break the U-MLH (blue fork).
The close outside the blue downsloping fork and the higher highs (exponential dashed blue line) is enough for me to take a first load and go long.
P!
Comment:
Got a fill Phil...Long.
Comment:
Cleanup...toasted.