handalfavio

Long Term GBPUSD - Downward Triangle

Short
SAXO:GBPUSD   Livre sterling / Dollar américain
Here we have a possible downward triangle on a weekly basis, maybe in a couple of weeks we can see this pattern play out.

I am not convinced about the velocity of the market recovery, maybe i am wrong but something is cooking up, lets see for a couple of weeks is the current level is respected or not.

We also are constructing a wedge pattern for the price to begin the next move down???

regards


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