GBPUSD Trading Idea
G'day, Guys.
Our yesterday BITCOIN analysis follow as predicted. Today we going to analyse Currency Pair GBPUSD.
Technically, this pair is currently on a solid downtrend on a bigger timeframe which is for me correction market structure completed. Personally, I expect this price continues a downtrend rally for the next few weeks. From here, I draw multiple lines that we can take advantage of every potential entry to maximize profit.
From here, the downtrend will be confirmed after uptrend trendlines are broken and create a solid breakout at 1.37500 price tag and I will be targeting 1.36035 prices for first take profit and continue to dance with the minor market structure within a small timeframe.
Let's see what gonna happen next... "Dance with the Market"
Our yesterday BITCOIN analysis follow as predicted. Today we going to analyse Currency Pair GBPUSD.
Technically, this pair is currently on a solid downtrend on a bigger timeframe which is for me correction market structure completed. Personally, I expect this price continues a downtrend rally for the next few weeks. From here, I draw multiple lines that we can take advantage of every potential entry to maximize profit.
From here, the downtrend will be confirmed after uptrend trendlines are broken and create a solid breakout at 1.37500 price tag and I will be targeting 1.36035 prices for first take profit and continue to dance with the minor market structure within a small timeframe.
Let's see what gonna happen next... "Dance with the Market"
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