Flag and Pennant in Daily TF

14 thg 3, 2017

i am still slightly bearish in GJ.. important news in GBP this week will confirm the direction of the dragon pair. will it break the pennant and resume the downtrend to complete the flag pattern formation?

I expect the price to retrace at the 61.8 fib or even lower. Then any break above the flag will be the start of a long period of buying GJ! trade safely!