GBPUSD - GU could have a altitude flight
Updated
Price broke out of the big downtrend (white fork), took a couple dance-steps on it (yellow ovals) and gained strength.
Look what the pink bar did.
It broke the prior small resistance with gusto (Indication!).
Then it flung up and down a couple times, and defended the grounds (green) to break the U-MLH (blue fork).
The close outside the blue downsloping fork and the higher highs (exponential dashed blue line) is enough for me to take a first load and go long.
P!
Look what the pink bar did.
It broke the prior small resistance with gusto (Indication!).
Then it flung up and down a couple times, and defended the grounds (green) to break the U-MLH (blue fork).
The close outside the blue downsloping fork and the higher highs (exponential dashed blue line) is enough for me to take a first load and go long.
P!
Comment
Got a fill Phil...Long.Comment
Cleanup...toasted.Disclaimer
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