GBPUSD Possible breakout
We can see that it is getting close to the wedge. What we would like to see is that it crosses the wedge and than does a quick retest of the wedge to take off for a good ride upwards.
Note
Going to wait to see when it goes to retest the wedge. When that has happend than we will go long.Trade active
Note
Trade was in like 35 pips profit but then I saw that there was an other wedge that was also broken that was the revers of my idea. I than closed the trade with some profit because now we can see that the trade went against us
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.
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.