Short Analysis on GBP/USD by ThinkingAntsOk
4H CHART EXPLANATION:
After breaking the Support Zone, price corrected on a Triangle Pattern to continue the downside movement. At this moment is on a strong bearish trend, however we consider that it may be a reaction here or a little correction, to continue the main movement after that.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
After breaking the Support Zone, price corrected on a Triangle Pattern to continue the downside movement. At this moment is on a strong bearish trend, however we consider that it may be a reaction here or a little correction, to continue the main movement after that.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
Trade fermée: cible de profit atteinte