GBPUSD - Wait for South impulse move
Tripple Top might appear on Daily chart to show continuation of Daily downtrend bias.
I am therefore still waiting for best opportunity to sell: break of ascending channel (white dashed lines) + confirmation. Confirmation I'm hoping to see is break of support zone (white) which brings the price back into Daily descending channel (blue dashed lines)
I am therefore still waiting for best opportunity to sell: break of ascending channel (white dashed lines) + confirmation. Confirmation I'm hoping to see is break of support zone (white) which brings the price back into Daily descending channel (blue dashed lines)
Note
Price acted as predicted. Nice!
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.