GBPUSD
In previous weeks, there is a reversal signal ( bullish crab pattern + morning rise signal) which tends to be bullish until 1.245 as strong resistance.
After the bullish pattern, it is observed that there is a ascending triangle formed to pull down the previous bullish trend and continue the dominant bearish trend
it is suggested for a pending sell limit order around 1.23000 area with target 1.22100 or even 1.21 as final target, however it does not means that the trend is 100% downtrend, so my SL will be around 1.23600 in this case
After the bullish pattern, it is observed that there is a ascending triangle formed to pull down the previous bullish trend and continue the dominant bearish trend
it is suggested for a pending sell limit order around 1.23000 area with target 1.22100 or even 1.21 as final target, however it does not means that the trend is 100% downtrend, so my SL will be around 1.23600 in this case
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.