niktraders

GBPUSD bearish pattern

Short
FX:GBPUSD   Livre sterling / Dollar américain
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
the price reaches the top of parallel channel, and meanwhile there is a very important resistant zone. you can see this resistant zone from the chart below.
A divergence between the price and MACD is seen at the top of the ascending channel.
Also let's look at 4H time frame:
as you can see the price reaches the top of another channel at 4H time frame.
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.