GBPUSD didn't break out as I wanted it to. Took sells this week with small retracement buys anticipating a reversal.
.618 is a good spot for a 4 wave to come to life. Should we fail to hold it, I'll be looking to short to the next Fibonacci level down.
We've technically broken the uptrend, So I am anticipating a bull run to retest the new downtrend with a desire to see GBPUSD break it.
.618 is a good spot for a 4 wave to come to life. Should we fail to hold it, I'll be looking to short to the next Fibonacci level down.
We've technically broken the uptrend, So I am anticipating a bull run to retest the new downtrend with a desire to see GBPUSD break it.