Tripple_Trapping_FX

GBPUSD Price movement prediction 27-10-2020

FX:GBPUSD   İngiliz Sterlini / ABD Doları
Using the triple trap strategy, these are opportunities I see for this pair. As GU is above the 50 SMA in 4H and it broke the trendline - looking for buys, if the zone breaks and retest but since it is a strong zone there is a possibility that price may fall rejecting from zone and breaking the 50 SMA.

the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( either a channel, SNR or trendline)
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.