Commencez
MountOlympusFx

GBPUSD SELL: Weekly, Daily & 4hr. Breakdown

Short
Livre sterling / Dollar américain (FX:GBPUSD)  
MountOlympusFx Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD Forex
1
0
trendanalysis harmonicpatterns chartpattern gbpusd forex
snapshot
snapshot
snapshot


GBPUSD Weekly:
• After breaking through 1.2700 monthly to the downside and has retested level for 2 weeks straight.
• Price is also respecting moving averages which are bearish with multiple rejections.
• Pair is forming series of lower lows and lower highs indicating market is in a strong bear trend.

GBPUSD Daily:
• After breaking through 1.2700 & ascending trendline, price made a new bearish leg and came back up for the retest.
• Price retested the levels and formed several reversal candles (Spinning top, shooting star, bearish engulfing) however price is now stuck in an area of consolidation.
• We will now wait for a breakout of the range. Overall target is 1.2531.

GBPUSD 4hr:
• Already in this trade after rejection from 1.2700 and entered short. The target for this trade is 1.2622 4hr support which is the bottom of the range.
Trade fermée: ordre d’arrêt atteint:
-30 pips going to look for another entry short as price could roll over
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.