GBPUSD:Spotting the New Reverse Inverted Cup & Handle Formation
GBPUSD
GBPUSD : Spotting the New Reverse Inverted Cup & Handle Formation.
1. Price Formation: The price has previously broken out from an inverted Cup &Handle price formation on a daily chart and hit a target. A new reverse inverted Cup & Handle formation has developed and price has broken out of the brim. Bearish sentiment.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA.
3. 200-day Moving Average is below the Price.
5. Relative Strength Index (RSI): The RSI is < than 50.
6. Price Target:1.1400
GBPUSD : Spotting the New Reverse Inverted Cup & Handle Formation.
1. Price Formation: The price has previously broken out from an inverted Cup &Handle price formation on a daily chart and hit a target. A new reverse inverted Cup & Handle formation has developed and price has broken out of the brim. Bearish sentiment.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA.
3. 200-day Moving Average is below the Price.
5. Relative Strength Index (RSI): The RSI is < than 50.
6. Price Target:1.1400
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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.