IS CABLE DOUBLE BOTTOM ENOUGH FOR BULLISH RUN?

174
The cable has been in a downtrend, however, for the past six weeks, GBPUSD has not closed below 1.30597. Any time price goes past this level, buyers have always send price up! Is 1.30597 a significant level in a channel?

NOTE:
1. This is a reversal trade and more risky but highly rewarding
2. This is a pattern trade
3. Short trade on GBPUSD advisable, after the pullback.


N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.