Sort of confluence I look 4. Not setup*# lazy, messy GBPUSD long
Be wary of any tipster subscription service that is too lazy or too inept to give you some reasons for taking the trade. Look at the mess of GBPUSD now. Fools who thought the USD would not continue to rally this week, either because they don't have a clue or are too arrogant and lazy to pull the USDX chart apart. Mute them and move on.
This is a chart of a Crypto DSHUSD. The first thing that stood out to me was the incredible volume today. That promoted me to take a closer look. You don't need the BS of in intraday price-action theorist plotting their confusing charts to throw you off.
Firstly the Daily chart. Long term downwards wedge patterns have their ways of turning bullish, one of the reasons would be the oversold nature of the instrument. You will see exactly that here in this daily chart.
This is what you need to see multiple areas of confluence on bigger timeframes. Most price-action intraday traders hiding behind concepts they probably don't understand, the so called experts don't have a clue imo.
