RCtrader2

GBPUSD Channel (daily chart) 2 Jan 2022

RCtrader2 Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
The price action created an accumulation of candles on top of a horizontal support area that energized bulls and pushed the price significantly higher. However, one reason for that to happen is the BoE's decision to increase interest rates in December 2021.
I expect the price to make a cluster of bullish and bearish candles, now that it neared the upper bound of the downtrend channel.
GBPUSD
Happy New Year to everybody and may the Godmother of forex trading bring all a zillion of pips.
Commentaire:
Please support me with your thumbs up and comments.
Transaction en cours:
Today a bullish trendline (H4) was broken. But that doesn't necessarily mean that the bears are going to push it lower than today's low. We must monitor it closely.
Transaction en cours:
H&S on M5/M15. Aiming for 20 pips.
Transaction en cours:
Looks like the pattern was too small and so it failed.
Transaction en cours:
The bulls were seriously energized.
Commentaire:
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.