Exogenous

GBP/USD POTENTIAL ANALYSIS,HARMONICS, PATTERNS,

Short
FX_IDC:GBPUSD   Livre sterling / Dollar américain
As you can see one of the more complicated analysis where I have targeted where each point may direct themselves. Firstly I just want to say this bearish harmonic pattern has been completed in a smaller scale and failed. Now that I have identified this completion of the potential pattern, I do believe this would cause the breakage of the 130. a solidified barrier that is hard on breaking, however you can see I have identified the first target point which may be looking like a second bottom with the potential wedge to hold its position. This may be a pullback for the set up for longs. If target reached I would be doing another position to long to its next potential destination.

Current position: 1.3070
Opening position: 1.3070
Target point: 1.2965
Exit point: 1.3147

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.