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.
Note
i meant descending wedge/ trend xDNote
We have broken the trend! Look for a safe rebuy at 1.218 :)Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.