Get started
McQuant

Rising wedge is forming

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
McQuant  
FX:GBPUSD   British Pound / U.S. Dollar
0
0
I can see an oppty for going short though it would be counter trend trade. The reasons:
- rising wedge in uptrend
- slow stochastic is in deep overbought zone
- possible divergence between price and stochastic oscillator
Chase value, not price
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.