Hi guys!
GBP is about to reverse and probably continue to advance higher, I'd highly recommend to wait until the close above the October's high and go long.
The pair might also drop before the further uptrend, though this is less likely and the reason is the huge lower wick, which signals the power of buyers.
I'd recommend going long above 1.30140, or from the current level to 1.30094 which might be riskier.
GBP is about to reverse and probably continue to advance higher, I'd highly recommend to wait until the close above the October's high and go long.
The pair might also drop before the further uptrend, though this is less likely and the reason is the huge lower wick, which signals the power of buyers.
I'd recommend going long above 1.30140, or from the current level to 1.30094 which might be riskier.
Note
right shoulder is about to completeNote
Right shoulder completedTrade fermée: cible de profit atteinte
Trade fermée: cible de profit atteinte
TP2
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.