Hey Guys, short and sweet.
I believe in this short term, we could be looking for a possible long on and positions for the GBPUSD. Coming out of this descending triangle, looking like a bullish push (short term 2HR).
Overall, if you are a swing trader, probably looking our for shorts on this one (:
-RSI - almost oversold
-MACD - decrease in sell volume
Hope everyone has been safe during this pandemic. Look after yourself and all your loved ones.
I believe in this short term, we could be looking for a possible long on and positions for the GBPUSD. Coming out of this descending triangle, looking like a bullish push (short term 2HR).
Overall, if you are a swing trader, probably looking our for shorts on this one (:
-RSI - almost oversold
-MACD - decrease in sell volume
Hope everyone has been safe during this pandemic. Look after yourself and all your loved ones.
Komen:
i meant descending wedge/ trend xD
Komen:
We have broken the trend! Look for a safe rebuy at 1.218 :)