Analysis of #GBPUSD
Hi traders, today we will have a look at #GBPUSD
the market here tested its structure resistance level and started to move down, as you can see we witnessed a very strong bearish reaction near 1.2440.
if the market will come and retest the structure resistance, I suspect we will see another bearish reaction which will be a good opportunity to look for sell because for this pattern still we did not hit the projected TP, and if the market test back structure resistance level I Will Then look for selling opportunity targeting Fibonacci 0.382 level
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #GBPUSD
the market here tested its structure resistance level and started to move down, as you can see we witnessed a very strong bearish reaction near 1.2440.
if the market will come and retest the structure resistance, I suspect we will see another bearish reaction which will be a good opportunity to look for sell because for this pattern still we did not hit the projected TP, and if the market test back structure resistance level I Will Then look for selling opportunity targeting Fibonacci 0.382 level
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
