Based on price action analysis, PIN BAR REVERSAL has formed on 4H chart, showing the strong level support @ price 1.6670, also that price level was strong resistance on beginning of the April.
This level was tested and retrieved on that support level forming pin bar reversal. Testing again would be a confirmation of the level, and market reacting North.
Placing BUY LIMIT @ 1.6690; SL @ 1.6640 and TP @ 1.6814
If price hits the forecasted buy limit order, GBP will go north,
All the best,
Have a great trading week,
V.
This level was tested and retrieved on that support level forming pin bar reversal. Testing again would be a confirmation of the level, and market reacting North.
Placing BUY LIMIT @ 1.6690; SL @ 1.6640 and TP @ 1.6814
If price hits the forecasted buy limit order, GBP will go north,
All the best,
Have a great trading week,
V.
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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.