MaryJane
Long

And here is the BREAKOUT!!!

FX_IDC:USDGBP   US DOLLAR / POUND STERLING
74 0 9
a year ago
Here we go! Run Forest! ;-) The triangle got triggered - LONG!
0,6525 is the Level to watch! If the Pair can beat its latest swing high @ 0,6525 that would suggest the possible TPs @ 0,6585 / 0,6630.
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Former Analysis:
Will the wedge be triggered?
Will the wedge be triggered?
snapshot
Bearish view: The rejection from the 200-days EMA, and minor descending resistance for the latest bearish wave suggests a potential resumption to the downside. The cluster of moving averages holds well, and price heads lower breaking the support @ 0,638 for the recent consolidation (triangle). A possible TP can be the last low @ 0,6275.

Bullish view: The triangle can be triggered - that would suggest a minimum move towards the middleterm trendchannels upper edge. (3?). If the Pair can beat its latest swing high @ 0,6525 that would suggest the possible TPs @ 0,6585 / 0,6630.
7 months ago
Trade closed: target reached

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