Livre sterling / Dollar américainMis à jour GBPUSD 4H Next Possible Movement
Hello Traders it been a while since we didn't share any analysis here we are back at the Game let dive In on the GU 4H Timeframe Analysis.
We See a clear rejection of the price 1.2500 we can count it as a support Area and now the price start ranging it accumalte liquidity to either Goes Upside or downside but the Next Move will be massive, We have To Possible Scenarios.
1- We break to the Upside, that our confirmation then pullback and move to 1.2750 Areas.
2- Second Scenario is a continuation of the current bearish movement to break to the Downside then Pulback or retest the previous support that will became Resistance!
We See a clear rejection of the price 1.2500 we can count it as a support Area and now the price start ranging it accumalte liquidity to either Goes Upside or downside but the Next Move will be massive, We have To Possible Scenarios.
1- We break to the Upside, that our confirmation then pullback and move to 1.2750 Areas.
2- Second Scenario is a continuation of the current bearish movement to break to the Downside then Pulback or retest the previous support that will became Resistance!
Note
The market made a full close on the 4H timeframe i guess the market still moving bearish this is a Setup for an Entry!
If you agree let me know
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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.