Hello Guys and welcome to another wonderful day trading the financial market, as we can see on the charts yesterday GBPUSD made the expected LL to 1.2257 area and we saw a 50% fib retracement during the Asian session, we further saw a kind of wedge pattern breakout to the downside after the 50% retracement which signals to me a potential bearish move.
I was able to enter a sell position after the 2nd leg of retracement for another 100pips drop, so we gonna sit back and watch how this plays out.
I was able to enter a sell position after the 2nd leg of retracement for another 100pips drop, so we gonna sit back and watch how this plays out.
