Hi All,
Here we have the GBP/USD, with a possibility of a cup and handle at the bottom of a downtrend which could mean a bullish reversal!
We can wait for the handle to be formed in the coming days, and wait for a breakout candle above the handle trendline, profit could be determined by the depth of the cup, or a previous high, or key area.
** This is not financial advice, this is for educational purposes and my own opinion, all feedback is welcomed, **
Good luck and trade safe
L
Here we have the GBP/USD, with a possibility of a cup and handle at the bottom of a downtrend which could mean a bullish reversal!
We can wait for the handle to be formed in the coming days, and wait for a breakout candle above the handle trendline, profit could be determined by the depth of the cup, or a previous high, or key area.
** This is not financial advice, this is for educational purposes and my own opinion, all feedback is welcomed, **
Good luck and trade safe
L
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.