GBPUSD on the top of the Bearish Megaphone. Low risk sell entry.
GBPUSD is trading inside a Bearish Megaphone structure.
The price got rejected 2 days ago on its top.
A crossing under the Rising Support will be a selling validation much like December 18th.
This break out hit Support A before rebounding.
Stay bearish as long as the Megaphone holds and target 1.2100 (Support A).
Previous chart:
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The price got rejected 2 days ago on its top.
A crossing under the Rising Support will be a selling validation much like December 18th.
This break out hit Support A before rebounding.
Stay bearish as long as the Megaphone holds and target 1.2100 (Support A).
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.