GBPUSD: Upwing nearing an end?
It was a big leg down from July - Sept -
so some attempt at selling a retracement makes sense
- probably in the pocket between the 50% and 61.8% Fib levels.
Trade: Sell a bounce into 1.27 down towards 1.24, cut losses above the 61.8% Fib
so some attempt at selling a retracement makes sense
- probably in the pocket between the 50% and 61.8% Fib levels.
Trade: Sell a bounce into 1.27 down towards 1.24, cut losses above the 61.8% Fib
Note
Quite a lot of chop at the supply zone - trade working for now
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Signup to my newsletter:
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Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Key To Markets
keytomarkets.com/
tradingwriters.substack.com/
Market Analyst for:
WeTrade
wetradebroker.com/education/analysis/jasper/
SpreadEx
spreadex.com/financials
Key To Markets
keytomarkets.com/
Publications connexes
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.