MaryJane
Long

And here is the BREAKOUT!!!

FX_IDC:USDGBP   U.S. Dollar / Pound Sterling
74 0 9
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.
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.


Former Analysis:
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.
Trade closed: target reached
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out