TradingView
Shres_Saajan
Jan 25, 2019 12:17 AM

GBPUSD nearing Strong resistance level before falling downwards. Short

British Pound/U.S. DollarFXCM

Description

The price is making a very sharp move towards last years resistance forming a "Rising Wedge". My prediction is it will test the resistance before falling down. Take profit at the first level where the wedge trend line is formed. This is valid in all the hourly time frames, might be a long term short position.
Comments
Boon2
GBPUSD D1 Running flat for more downside. Checkout the idea detail's and update's for the complete picture.
More