GBPUSD Long position analysis (LONG TERM HOLD - NO SCALPING)
- On the monthly timeframe price has broken the bearish trend line but managed to close above 0.236 FIB,
- Keep in mind price is at very a strong monthly resistance level which will turn to support later on.
- Will wait for the price to pullback and take a long position at 1.34 or 1.35 to target 1.5 or (0.382FIB)
- 14 RSI has moved exactly with the chart and still not overbought yet.
Target will not touch in few weeks, might take up to 3 or 4 month this is not your average analysis and not scalping for sure.
Use proper risk management.
- Keep in mind price is at very a strong monthly resistance level which will turn to support later on.
- Will wait for the price to pullback and take a long position at 1.34 or 1.35 to target 1.5 or (0.382FIB)
- 14 RSI has moved exactly with the chart and still not overbought yet.
Target will not touch in few weeks, might take up to 3 or 4 month this is not your average analysis and not scalping for sure.
Use proper risk management.
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.