impulsive breakout of a rising wedge dpoble top.. third touch of a corrective structure
haloow guys.. i took a buy on GU based on that setup... stoploss 30 pips. baada ya market kurudi ndani ya hio rayline impulsively na mimi kuona hio falling wedge na inverted head and shoulder.. i thought its the right time to buy.. i took the sell after the 30 min candle retested the white rayline.. lets see how she will playout.. tp 230pips
lets ride down.. price closure below the rayline is a confirmation
breakout of the structure will confirm the long direction
the pair has displayed a continuation pattern ... how ever we still expect it to move further down to the golden fib 61.8 and from there a good long trade can be executed. and also any break out and retest of the shown structure would also be nice.