Hello traders,
Usually, when price hit the bottom support band of the downtrend channel, we should think about the correction from the reflection point on the channel. That is possible for pair that run with 5 waves to drop down.
Another possibility is that trend will rush down by rejection from EMA to break the channel.
Lets see which way is more possible later.
Last idea on GBPUSD at least hit 2nd TP.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
Usually, when price hit the bottom support band of the downtrend channel, we should think about the correction from the reflection point on the channel. That is possible for pair that run with 5 waves to drop down.
Another possibility is that trend will rush down by rejection from EMA to break the channel.
Lets see which way is more possible later.
Last idea on GBPUSD at least hit 2nd TP.

RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
