GBPUSD need to take decision falling more or take support ?
previous bearish analysis about GU was perfect and boom targets hit :
and here we are on important zone that here is detail:
Red path :falling can continue easily and after breaking trendline we would wait for retest and add more sell position and targets are
1. 1.3850
2. 1.3740
Green path :this strong movement that start can easily continue too but major resistance(weekly) wait for it 1.4300 and targets are
first target : 1.4036
second target: 1.4086
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
this time share your idea about it and lets discuss about it (my opinion is Red path (60% sure ) for now and I see GU really bearish but we can expect some more bull candle before falling Green path as you can see )
and here we are on important zone that here is detail:
Red path :falling can continue easily and after breaking trendline we would wait for retest and add more sell position and targets are
1. 1.3850
2. 1.3740
Green path :this strong movement that start can easily continue too but major resistance(weekly) wait for it 1.4300 and targets are
first target : 1.4036
second target: 1.4086
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
this time share your idea about it and lets discuss about it (my opinion is Red path (60% sure ) for now and I see GU really bearish but we can expect some more bull candle before falling Green path as you can see )
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