GBPUSD long opportunity

7. Mai 2020

Long opportunity in GBPUSD pair. Triangle correction seems about to end. IF confirmed, bullish trend continuation is expected.

7. Mai 2020

Anmerkung

If the structure results invalidated, this might be looked at as a SHS pattern, taking the support line as neckline for SHS structure. If so, bearish continuation is expected for a while.

13. Mai 2020

Anmerkung

The support line has been broken, thus the current analysis has been invalidated so bearish continuation is expected for a while and must reanalyze looking for new opportunities.