Hi guys, yes... I know there is not a pattern name 'T Rex', but there should be! haha. Anywho, the GBPUSD has a pretty clean T Rex. We should see lower prices and possibly a test of the bottom of the formation soon. It also makes sense, because based on the other GBPUSD reviews that I've read, it is the last thing anyone expects the GBPUSD to do. Which is usually what it does. You know it's true.
I am short (sorry for the late post, had some real life stuff to deal with) @ 1.2499. Stop and target are marked on the chart. If we get a little pull back, it's not too late to catch this trade.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
I am short (sorry for the late post, had some real life stuff to deal with) @ 1.2499. Stop and target are marked on the chart. If we get a little pull back, it's not too late to catch this trade.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
Comment:
Stopped out. We are above resistance now. Prices should move higher from here.
