Today I want to review a short setup on the GBPUSD(
GBPUSD) pair.
GBPUSD is currently near the Resistance zone($1.360-$1.351) and Support lines.
The question is, can GBPUSD break the Support lines!?
GBPUSD started to decline with a lot of momentum over the past week and this is a good sign for a break of the support lines.
According to Elliott Wave theory, GBPUSD appears to be completing microwave 4, and given the bearish momentum, we can expect microwave 5 to break the support lines.
I expect GBPUSD to fall at least to the Potential Reversal Zone(PRZ)[$1.342-$1.336].
Stop Loss(SL): 1.3600 USD
Please respect each other's ideas and express them politely if you agree or disagree.
British Pound / U.S Dollar Analysis (GBPUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBPUSD) pair.GBPUSD is currently near the Resistance zone($1.360-$1.351) and Support lines.
The question is, can GBPUSD break the Support lines!?
GBPUSD started to decline with a lot of momentum over the past week and this is a good sign for a break of the support lines.
According to Elliott Wave theory, GBPUSD appears to be completing microwave 4, and given the bearish momentum, we can expect microwave 5 to break the support lines.
I expect GBPUSD to fall at least to the Potential Reversal Zone(PRZ)[$1.342-$1.336].
Stop Loss(SL): 1.3600 USD
Please respect each other's ideas and express them politely if you agree or disagree.
British Pound / U.S Dollar Analysis (GBPUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
交易开始
Trade was activated交易结束：到达目标
Full Target Done
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🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。