wolf-lamb

GBPUSD - Bearish and Bullish ideas. long/short

wolf-lamb Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
I am posting both bullish and bearish ideas.

Bullish scenario:
Looking for a breakout from the falling wedge and then I'll open the position right after a green candle is confirmed on the retest of the trendline.

Bearish scenario:
If price is rejected from the trendline (with a confirmed red candle) I will open a short position.
Trade closed: target reached

The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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