GBPUSD has almost touched the Fibonacci 0.382 level from the bottom 1 year ago, trading under both the MA50 and MA200 (1d).
The RSI (1d) is rebounding today aggressively being still inside very rare oversold levels, which visited last time during September 26th 2022.
This justifies a long term buy but if the 0.382 breaks, the next (and strongest) Support Zone is over Fib 0.5.
Trading Plan:
1. Buy on the current market price.
2. Buy on 1.1850 (Support Zone 1).
Targets:
1. 1.2700 (+5.09%, the minimum range for 2023).
2. 1.2350 (again +5.09%).
Tips:
1. If we assume that the large pattern is a Channel Up, then its Higher Lows trendline falls around Fibonacci 0.5 and Support Zone (1). That enhances considerably the probabilities of this being a mega bottom.
Please like, follow and comment!!
The RSI (1d) is rebounding today aggressively being still inside very rare oversold levels, which visited last time during September 26th 2022.
This justifies a long term buy but if the 0.382 breaks, the next (and strongest) Support Zone is over Fib 0.5.
Trading Plan:
1. Buy on the current market price.
2. Buy on 1.1850 (Support Zone 1).
Targets:
1. 1.2700 (+5.09%, the minimum range for 2023).
2. 1.2350 (again +5.09%).
Tips:
1. If we assume that the large pattern is a Channel Up, then its Higher Lows trendline falls around Fibonacci 0.5 and Support Zone (1). That enhances considerably the probabilities of this being a mega bottom.
Please like, follow and comment!!
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。