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InvstingWise
Dec 18, 2017 2:13 PM

GBPUSD set-up 

British Pound/U.S. DollarFXCM

Description

When you see a pattern like a descending wedge in a currency and price is in a middle of nowhere, you simply wait patiently. If you lost the chance entering long close to the d point, you simply lost a good trade. Entering now is completely impulsive and self-destructive and could potentially result in a losing trade too. Until price reaches e point, where you should reassess the pattern, any action is close to gambling.
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