Hi dear traders .
from multi time frame perspective if we take a look at weekly time frame we can see that the price after a huge bearish impulse due to GBP weakness ,the price is now approaching a very strong resistance level which we expect a reaction on this level .
if price will bounce up from this level it will give us a very nice long opportunity .
but on 4H everything is bearish and we have to wait for the bullish signs .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
from multi time frame perspective if we take a look at weekly time frame we can see that the price after a huge bearish impulse due to GBP weakness ,the price is now approaching a very strong resistance level which we expect a reaction on this level .
if price will bounce up from this level it will give us a very nice long opportunity .
but on 4H everything is bearish and we have to wait for the bullish signs .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .