GBP/USD H8 Analysis
Price appears to be moving within a rising wedge pattern.
5 waves as (shown in the image) can often be seen before the breakout below the structure.
Watch what happens if/when price tests support at the bottom of the wedge.
5 waves as (shown in the image) can often be seen before the breakout below the structure.
Watch what happens if/when price tests support at the bottom of the wedge.
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Low-Cost Trading, for everyone, everywhere.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.