GBP/USD short
GBP is struggling to keeps is upwards momentum . a few weeks ago we was rejected at around 1.5650 and have struggled to hit that area or resistance again.
First confluence.
ABCD Fibbonacci being played out currently just below point C
Second is i have ascending trend line stemming back from the lows off 2009 and we have just came back up and touched it
we also have a descending trendline from point A on the fib possibly a third bounce and a drop to the downside
Third Moving averages are to the downside on the monthly and weekly time frame.
Fourth this is that we have now made 3 Lowers highs from point A on the fib And 2 lower lows to show that it is currently downtrending
you can make a few targets on this pair as my target is just over 600 pips away.
i do think we can see 1.47000s on this pair
First confluence.
ABCD Fibbonacci being played out currently just below point C
Second is i have ascending trend line stemming back from the lows off 2009 and we have just came back up and touched it
we also have a descending trendline from point A on the fib possibly a third bounce and a drop to the downside
Third Moving averages are to the downside on the monthly and weekly time frame.
Fourth this is that we have now made 3 Lowers highs from point A on the fib And 2 lower lows to show that it is currently downtrending
you can make a few targets on this pair as my target is just over 600 pips away.
i do think we can see 1.47000s on this pair
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.