GBP/USD - Bullish 5-0 (Ahead of the U.S Presidential Election)
After two profitable trades using the 5-0 pattern in previous weeks here we have GBP/USD on a 4h chart with yet another 5-0 pattern. I'm absolutely loving the look of this, especially ahead of the U.S Presidential Election.
(This is purely a technical prediction, I am not basing this analysis on who is likely to be voted)
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Credit to one of my students tradingview.com/u/cdschultheis15/ for spotting this setup, excellent.
We'll see what happens very shortly, safe trading everyone.
(This is purely a technical prediction, I am not basing this analysis on who is likely to be voted)
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
Credit to one of my students tradingview.com/u/cdschultheis15/ for spotting this setup, excellent.
We'll see what happens very shortly, safe trading everyone.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.