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Dragon_Investments
17 sept. 2019 13:21

rising wedge for the Cable Short

British Pound/U.S. DollarFXCM

Description

Price is approaching a trendline but we can see a MACD DIVERGENCE in H4 timeframe, if price will break the wedge I will open a sell position; great oppportunity; price could push as low as 1.2285.
Look at daily timeframe using bollinger bands; in my opinion price could reach medium band (around 1.225).
wait to open a sell order
Plus