GBP/USD falling wedge - one to watch
Hi all,
Here we have the GBP/USD on a 4hr chart, as you can see there is a pattern starting to emerge as a falling wedge(red line), this could be a indication of a reversal.
The green box is a area of daily support.
There could possibly be another confirmation of the EMA crossing over - which could indicate a signal.
There is also a slight divergence on the RSI to the upside - which could indicate a signal.
** THIS IS NOT FINANCIAL ADVICE, THIS IS FOR EDUCATION PURPOSES ONLY - ALL FEEDBACK IS WELCOMED **
Good luck and trade safe
L
Here we have the GBP/USD on a 4hr chart, as you can see there is a pattern starting to emerge as a falling wedge(red line), this could be a indication of a reversal.
The green box is a area of daily support.
There could possibly be another confirmation of the EMA crossing over - which could indicate a signal.
There is also a slight divergence on the RSI to the upside - which could indicate a signal.
** THIS IS NOT FINANCIAL ADVICE, THIS IS FOR EDUCATION PURPOSES ONLY - ALL FEEDBACK IS WELCOMED **
Good luck and trade safe
L
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.