GBPUSD - Bearish rotation?
A series of lower highs, inside a big triangle / wedge (see daily or even weekly timeframe) we could see a bearish rotation down to the bottom of the wedge.
Coming from a historically strong and significant resistance area (1.2555) I see a potential bearish ride down to 1.2300 and possibly further. While venturing down I'm looking to lock profit after passing 1.2400.
Anything can happen. Feel free to comment your thoughts.
GBP has been interesting the past few months to say the least.
Coming from a historically strong and significant resistance area (1.2555) I see a potential bearish ride down to 1.2300 and possibly further. While venturing down I'm looking to lock profit after passing 1.2400.
Anything can happen. Feel free to comment your thoughts.
GBP has been interesting the past few months to say the least.
Not
Target 1 hit - 95 pips in the bag. Rolling stop loss to break even for remaining position.Not
Opportunity to add position
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.