Potential long position as trend retests strong support of 1.3390 and forms an ascending triangle pattern which I believe will break through the weak resistance area, to continue bullish movement towards the 2nd take profit
Potential short position as trend breaks through weekly support and continues descending triangle trend. This position is further emphasized by the bearish engulfing candle and news report of Japans Machine order (YoY).
USDGBP: Stooging around waiting for election result with quite a lot of stored energy waiting for release - some good trades are imminent here but be careful of whipsaw in early stages - for experienced traders only, this one.
Great sell oppertunity. Major confluence on our time frames. We have a nice Fib level and multiple divergences at our previous tops. Stochastic is also leaving our overbought zone.
Lets keep watch mates