GBPUSD: Reached a clear zone, watching for reversal clues
The market has recently pushed upwards with momentum.
What we’re looking at here is a leg started with a beautiful initial rejection, the kind I love trading and forecasted previously:
Price is now reaching a clear level that might provoke a small term reaction.
And when price finds its feet in these kinds of zones, I immediately think of what opportunity is offering: If price gives us a confirmation cue, that might be the signal to get involved: not just in candlestick structure but also in volume behavior.
Target: 1.34340
It's a risky setup as this leg has pushed up with strength
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
What we’re looking at here is a leg started with a beautiful initial rejection, the kind I love trading and forecasted previously:
Price is now reaching a clear level that might provoke a small term reaction.
And when price finds its feet in these kinds of zones, I immediately think of what opportunity is offering: If price gives us a confirmation cue, that might be the signal to get involved: not just in candlestick structure but also in volume behavior.
Target: 1.34340
It's a risky setup as this leg has pushed up with strength
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Operación activa
Operación cerrada: objetivo alcanzado
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Free Telegram Signals: t.me/addlist/MLJjjTl2V-M1OTc8
👉Get 20% Deposit BONUS - bit.ly/trenddiva
👉Get 20% Deposit BONUS - bit.ly/trenddiva
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.