Hello Traders,
This is the long-term bearish channel of the pair:
Reaction to the gap and middle of long-term channel is clear in the above chart.
Let's search for TP!
This is a Strong Resistance
I think it might be a good target
Let's take a look to the news!
Most important one which is GDP was a surprise for Pound, bearish for the pair.
Monthly industrial production was supposed to rise from -0.9% to 0.3% but it stopped at 0.2%. It has been considered to be bad for GBP! I think it's almost nothing compared to GDP news. All other important factors were positive too, Only trade balance which I think again less important than others.
Technically and Fundamentally I'm short!!
I'll enter after Order flow or LTF structure confirmation.
1st TP: (For short term-traders with lower SL)
Daily Pivot
2nd TP: Support line and middle of short-term channel
3rd TP: Bottom of both channel
This is the long-term bearish channel of the pair:
Reaction to the gap and middle of long-term channel is clear in the above chart.
Let's search for TP!
This is a Strong Resistance
I think it might be a good target
Let's take a look to the news!
Most important one which is GDP was a surprise for Pound, bearish for the pair.
Monthly industrial production was supposed to rise from -0.9% to 0.3% but it stopped at 0.2%. It has been considered to be bad for GBP! I think it's almost nothing compared to GDP news. All other important factors were positive too, Only trade balance which I think again less important than others.
Technically and Fundamentally I'm short!!
I'll enter after Order flow or LTF structure confirmation.
1st TP: (For short term-traders with lower SL)
Daily Pivot
2nd TP: Support line and middle of short-term channel
3rd TP: Bottom of both channel
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。