GBPUSD: Sell from Top of Ascending Triangle
GBPUSD has been consolidating for more than a month and has formed an ascending triangle in the process.
The previous up wave is clearly completed and the first down wave from the top of the ascending triangle has just formed.
Wait for a pullback from the preceding down wave and sell near 618 level.
The previous up wave is clearly completed and the first down wave from the top of the ascending triangle has just formed.
Wait for a pullback from the preceding down wave and sell near 618 level.
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.