GBPUSD ..........A complete analysis of GBPUSD
After the breakout of the triangular pattern about 6 days ago. The breakout started from 1.2400 and stopped at 1.22696 but moved into 1.23000 at the closing hour of trade. From 1.22696 ABCD PATTERN was formed A@1.22696 B@1.23520 C@1.23040 D@1.24147.
From the D=resistance@1.24147 proc fell to C@1.23040 and created a support at 1.23000. Also note during the last 6 days movement from 1.23000-1.24000 a failed head and shuolder was formed. With the six days movement consolidating at 1.23000-1.24000 a break below 1.23000 signals sell and a break above 1.24000 signals a buy.
From the D=resistance@1.24147 proc fell to C@1.23040 and created a support at 1.23000. Also note during the last 6 days movement from 1.23000-1.24000 a failed head and shuolder was formed. With the six days movement consolidating at 1.23000-1.24000 a break below 1.23000 signals sell and a break above 1.24000 signals a buy.
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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.