GBP/USD upcoming possibilities
I will not enter any current trades on this pair but below is my TA
4hr: key levels of interest: 1.30592 current level, 1.29390 area of interest of short, 1.31602 area of key resistance if trend continues bullish
daily: the latest trend has been bearish, with a large drop from 1.33026 to 1.29295 and rsi was clearly overbought and contradicting what i just said but the trend since august has been bullish
weekly: possible large H&S forming with shoulder 1 at 1.298 and the peak at 1.348, the latest weekly trends have been bullish but a retracement to 1.293 is possible but I am not thinking there will be a H&S formed
Monthly: trend is bearish and we are close to resistance on my downward trend line also supporting my idea of entering a short once head and shoulders is confirmed
4hr: key levels of interest: 1.30592 current level, 1.29390 area of interest of short, 1.31602 area of key resistance if trend continues bullish
daily: the latest trend has been bearish, with a large drop from 1.33026 to 1.29295 and rsi was clearly overbought and contradicting what i just said but the trend since august has been bullish
weekly: possible large H&S forming with shoulder 1 at 1.298 and the peak at 1.348, the latest weekly trends have been bullish but a retracement to 1.293 is possible but I am not thinking there will be a H&S formed
Monthly: trend is bearish and we are close to resistance on my downward trend line also supporting my idea of entering a short once head and shoulders is confirmed
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.
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.