GBPUSD Analysis

By chrisohsnap
Updated
Nice symmetrical triangle forming indicating a bullish move soon. Once 5 EMA (blue line) goes above 10 EMA (brown line) and the 4HR resistance line is hit (purple line) it will be a clear indication of a bullish signal heading towards upper trend line.
Comment
5 EMA never went above the 10 EMA and the 4HR resistance was never broken therefore cancelled my buy order stop. I believe this is due to the Thanksgiving week it is now retesting for a new LL
Chart PatternsTrend Analysis

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