GBPUSD Analysis

25 בנוב׳ 2018

Nice symmetrical triangle forming indicating a bullish move soon. Once 5 EMA (blue line) goes above 10 EMA (brown line) and the 4HR resistance line is hit (purple line) it will be a clear indication of a bullish signal heading towards upper trend line.

28 בנוב׳ 2018

הערה

5 EMA never went above the 10 EMA and the 4HR resistance was never broken therefore cancelled my buy order stop. I believe this is due to the Thanksgiving week it is now retesting for a new LL