OANDA:GBPUSD   Paun British / Dolar A.S.
I am not Miss Cleo, but felt this worthy of sharing. Basically GU came off a larger pitchfork median, but has not hit the 50% retrace at the supply zone bottom. It is in a sell right now. I would expect a 1-2-3 move though, so I would think it produces at least a small buy setup one more time. So I will be looking to sell off my trend line if price action and timing is right. It is possible that we have a running triangle for an ending diagonal that is already completed which would mean upside. It is also possible this potential ending pattern becomes a running flat and we continue dropping. But probability wise, I will see if this scenario, or something close plays out. So basically taking setups both directions. Last night was a sell, next one may be a buy to trend line, then maybe another sell, but you are getting to point that letting some run on this week's setups may not be such a bad idea, at least to break highs and lows of pattern.

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