GBPUSD
Updated
-Possible Short- as the market is on point C on the Elliot Wave
-Candle stick has Re-tested the daily trend line (Blue)
-Formation of a head & Shoulders pattern- Right Should in formation
- Entry could be awaited for further confirmation until neckline is formed
-Candle stick has Re-tested the daily trend line (Blue)
-Formation of a head & Shoulders pattern- Right Should in formation
- Entry could be awaited for further confirmation until neckline is formed
Trade closed: target reached
Trade initially Hit SL- Bullish momentum overpowered (ie House of Commons- opposition willing to block election until Brexit delay secured) Re-entered for a buy hedge trade recovering losses + ending on overall profit
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