Update daily pattern showing H/S pattern , same thing with RSI indicating divergence After a important news about ( yuan loan ). So im expecting it go short around (6.89596 ) good zone at that level . Comment down below about my strategy:)
Update just reach the 1.27091 target - and now going short at 1.20043 major support area . Possibly double bottom in the near future . Just comment if you agree thx
In for 4hrs chart there a forming descening bordening wegde pattern
So there pattern showing is daily for GBPUSD The big one showing right-angled descending pattern , the small one ascending bordening wegde
Chart pattern show descending right angel bordening wedge at Daily
Is forming a ascending triangle-pattern And it is retesting the resistance line , remember the is a continuation for the uptrend
At 4hours chart pattern ,descending channel Or a flag pattern has shown .RSI showing bordening right angel ascending wedge . Indicating its going long
Bordening pattern , RSI divergence Please comment below of my idea
Double top followed by consolidation then by spinning top last hour =down trend