->In this analysis I looked at the currency pair GBP / USD, the analysis comes from a 4 hour chart. As we can see in the chart, a pattern falling wedge was created. The price bounced off the support (1.30030) and I expect a downward movement to price points 1.27735 (TP1) and 1.26710 (TP2). Entry into the position is the current price.
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->If the price changes upwards and breaks the resistance (R - 1.30030) and exits out of the channel, this trade does not apply.
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(Sell)
Entry = Current price
TP 1 = 1.27735
TP 2 = 1.26710
SL = 1.31885
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->If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like.
===
-This is not financial advice.
Trade safe!
===
->If the price changes upwards and breaks the resistance (R - 1.30030) and exits out of the channel, this trade does not apply.
===
(Sell)
Entry = Current price
TP 1 = 1.27735
TP 2 = 1.26710
SL = 1.31885
===
->If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like.
===
-This is not financial advice.
Trade safe!
Not
-> TP1 Hitted ! Not
->TP2 Hitted ! Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.