Hello traders,
on GBPUSD we see now a perfect rising wedge on the 4h chart with the top on the resistance
at the sell zone. This give us a great trade idea to go short with a small risk.
On the higher timedrame like daily and weekly we are in a bearish markek!
So if the price will break out to the downside of the rising wedge it will give us a confirmation to go short
down to the bottom of the rising wedge.
Be careful on January the 11th, if the UK parlaiment vote about the Brexit deal.
Remember if a trade have make the way of 30 Pips in our direction then set your stop to the entry point
and let the trade risk free run.
I wish you a good trading week.
on GBPUSD we see now a perfect rising wedge on the 4h chart with the top on the resistance
at the sell zone. This give us a great trade idea to go short with a small risk.
On the higher timedrame like daily and weekly we are in a bearish markek!
So if the price will break out to the downside of the rising wedge it will give us a confirmation to go short
down to the bottom of the rising wedge.
Be careful on January the 11th, if the UK parlaiment vote about the Brexit deal.
Remember if a trade have make the way of 30 Pips in our direction then set your stop to the entry point
and let the trade risk free run.
I wish you a good trading week.