Timing_is_key

(G/U 60) Two apposing forks, Two downward trending ML's

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FX:GBPUSD   Libra Esterlina/Dólar Americano
5
This Idea is based on two apposing forks , One beginning from the low & the other beginning from the next high. In a normal market you will see the ML of the one beginning with the low pointing UP! and the ML of the one beginning with the high pointing DOWN!. When they both point in the same direction it indicates a STRONG MOVE in that direction.....In this example with the pound it's pointing DOWN! We have a great entry at the ML with downside targets..... Let's see how far she goes!
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