GBP/USD Short
Price is respecting a monthly chart trendline so maybe we won't see a test to the nearer resistance @ 1.3475.
The weekly candle of this last week closed as a nice shooting star.
We had a retest on the 1 hour chart after a break of the most recent bullish trendline where there was a nice entry.
I would still enter watching the 4 hour chart with a pending sell stop looking for a 3:1 R:R or we could also see another retest but now on the 4 hour chart on the trendline where there is also a "x mark the spot" and getting a much better entry and our pending order potentially nothing being triggered.
The weekly candle of this last week closed as a nice shooting star.
We had a retest on the 1 hour chart after a break of the most recent bullish trendline where there was a nice entry.
I would still enter watching the 4 hour chart with a pending sell stop looking for a 3:1 R:R or we could also see another retest but now on the 4 hour chart on the trendline where there is also a "x mark the spot" and getting a much better entry and our pending order potentially nothing being triggered.
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.