Hello there, hope you're doing well..
Here's my analysis for the GBPUSD pair. I'm just implementing a Top Down analysis in this pair. As i saw there was a channel breakout and it heading to H4 Supply Zone. And now it's forming a Symmetrical Triangle Pattern. As i know about the Symmetrical Triangle Pattern there're no guarantee which direction price may heading, so i draw 2 possibilities which the price may be heading.
Doing Price Action analysis like this still stressed me out a bit, but i'll keep grinding because understanding about Price Action is the requirement of every trader, i guess, yaa, it SHOULD be! :D
Anyway thank you for reading guys, see ya in the next analysis!
Cheers!
Here's my analysis for the GBPUSD pair. I'm just implementing a Top Down analysis in this pair. As i saw there was a channel breakout and it heading to H4 Supply Zone. And now it's forming a Symmetrical Triangle Pattern. As i know about the Symmetrical Triangle Pattern there're no guarantee which direction price may heading, so i draw 2 possibilities which the price may be heading.
Doing Price Action analysis like this still stressed me out a bit, but i'll keep grinding because understanding about Price Action is the requirement of every trader, i guess, yaa, it SHOULD be! :D
Anyway thank you for reading guys, see ya in the next analysis!
Cheers!