GBPUSD: bearish reversal and market entry
The growing trend that has continued since December 2020 is coming to an end. The price rose due to strong growth spikes and corrections, pulling back the price by 50 +% - the final growth was obtained due to the difference between the jump and pullback. After a strong growth from the level of 1.364, the price came to the current maximum of 1.385. Following the trend, it will now roll back on average by 50-60%, the expected target is around 1.373.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.