GBPUSD possible scenario
There are two possible cases here,
1. The green line which can be a long trade with stoploss below the blue box.
2. The red line which can a short trade, however I would wait for a retest if this plays out.
I am leaning more towards the short because in highe time frame this pair is bearish, we have a down trend holding 50-200EMA band as resistance.
https://www.tradingview.com/x/9b7LaR5Q/
Let me know what's your thought.
1. The green line which can be a long trade with stoploss below the blue box.
2. The red line which can a short trade, however I would wait for a retest if this plays out.
I am leaning more towards the short because in highe time frame this pair is bearish, we have a down trend holding 50-200EMA band as resistance.
https://www.tradingview.com/x/9b7LaR5Q/
Let me know what's your thought.
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.