The GBPUSD has been in a consolidating short retracement since the break of the 4 hour trendline late last week. It is currently in the middle on the narrowing wedge the consolidation has created. This creates for us three buy and three sell trade setups that we are waiting to develop. Be mindful that one of the buys that we are looking for may trigger and that may later in another session may turn into one of the sell trades that we are also looking for, so there could be a couple of trades that get entered over the next few sessions. Please take a few minutes to view the following video for the trade setups that we are looking to develop. Thank you for viewing our forex training video.
The GBPJPY has been in a wide consolidation channel since the start of the week and has formed a 123 Top pattern. There are a few nice buy and sell setups that could develop. We also look at trading the 123 Top failure. Please take a few minutes to view the following video for the trade setups that we are looking to develop. Thank you for viewing our forex training video.
thank you! great info
tainguyen01 2 years ago