GBPUSD watch for a breakout of short trend line going up
GBPUSD looking for pullback as it touched the top of the current LONG trend channel. We are going to look for it to go down and either:
A. Bounce off button trend and make a possible movement further upward.
B. Blow through the bottom trend line and head further down.
Key notes: On a .618 retracement line which is a key line to watch
Stoch is currently in the OverBought Area
Forming a new fractal to head down.
A. Bounce off button trend and make a possible movement further upward.
B. Blow through the bottom trend line and head further down.
Key notes: On a .618 retracement line which is a key line to watch
Stoch is currently in the OverBought Area
Forming a new fractal to head down.