Sterlina / DollaroShort
GBP Short
The market was overbought between April 25th - May 1st within a downtrend daily chart.
This overshot the price above the trend line (blue) so this can indicate a bull trap and market might encounter sell off in the next move.
Bearish signals
Red circle shows a strong bearish engulfing pattern with a significant lower low. Short term support-resistant is within 1.30120 - 1.29793
Short term trade with risk to reward ratio of 3.05
This overshot the price above the trend line (blue) so this can indicate a bull trap and market might encounter sell off in the next move.
Bearish signals
Red circle shows a strong bearish engulfing pattern with a significant lower low. Short term support-resistant is within 1.30120 - 1.29793
Short term trade with risk to reward ratio of 3.05
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.