GBP – Big moves coming
After an incredible Monday with all the news out regarding Brexit, we now have the Storyteller indicator in a low volatility mode. This means we are due a round of volatility at any moment.
We are holding a symmetrical triangle but it’s the Storyteller indicator that is mainly telling me the story. Get ready for a move.
We would love to short this market but as we stand the US indices are helping the Dax higher. Once we see weakness in the US we will look for red PTS short signals.
The bounce was short lived and now we see a new red PTS to short. Targets are lined up.
PTS targets are lined up above the pirce. The double top is the only thing that can stop those being reached.
The above charts, images, copy, and video belong to Trading College. Photocopying and further distribution of this information are strictly prohibited. The information contained in the service is expressed in good faith. Trading College service is purely educational and is therefore not regulated by the Financial Conduct Authority.