In this pair, sterling it seems to have been accumulating power to revalued slightly.
Some observations are:
The most interesting will be to see if he can break the wedge in the following days.
ideas, comments and suggestions
They are always welcome
Some observations are:
- It is nearing the end of a mini cycle Elliot.
It seems formrse falling wedge within a descending channel!
"RSI" is forming something like a divergence
"ICC" has made a divergence too
the price is close to a fibo level, and it is possible their rejection
The most interesting will be to see if he can break the wedge in the following days.
ideas, comments and suggestions
They are always welcome
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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.