Hi guys, most of the GBP pairs are forming sideways wedges. Sideways wedges are harder to predict vs descending/ascending wedges. However, we can still use the outside of the wedge as a signal to buy or sell.
I wait for a confirmation candle formation to occur before I enter (i.e a pullback with an engulfing supporting candle or a supporting flag). In addition, I am always ready to reverse my position if it looks like I got sucked into a head fake. Gotta love the head fakes...
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
I wait for a confirmation candle formation to occur before I enter (i.e a pullback with an engulfing supporting candle or a supporting flag). In addition, I am always ready to reverse my position if it looks like I got sucked into a head fake. Gotta love the head fakes...
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.