GBPUSD Possible Strong Bullish Momentum Long

GBP/USDOANDA

Beschreibung

⋅ 17. Aug. 2020 08:39

What is your thoughts on this chart? Possible Break to the upside? as we are approaching the end of the ascending wedge.

Kommentare

Alarmed

⋅ 18. Aug. 2020 05:12

Okay so both moving averages, are close to the candles. Price is bullish, ascending wedge has formed and everything seems to be converging. Good chance of price moving upwards and up to 1.31600.

medwards_

⋅ 18. Aug. 2020 08:02

@Alarmed, Hit 1.31600 perfectly :)

Subrato-Nandi

⋅ 18. Aug. 2020 12:56

not bad

medwards_

⋅ 20. Aug. 2020 18:20

@Subrato-Nandi, thankyou :)

Alarmed

⋅ 18. Aug. 2020 05:13

I love seeing nice convergence like this, text book example of a likely breakout

medwards_

⋅ 18. Aug. 2020 08:02

@Alarmed, 100% a textbook example ;) first one I have every drew up.....

Alarmed

⋅ 18. Aug. 2020 12:15

@medwards_, beautiful

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