MisterTrader
Long

Level To Watch: #GBPUSD BRN 1.5 and double bottom in formation

FX:GBPUSD   British Pound/U.S. Dollar
240 0 4
On a last trade that succeed to catch the previous downtrend :
#GBPUSD: Divergence and Fibos for a Short
We identified a Upward trend line and RSI divergence on a major pivot level acting as strong resistance to the price.

This time it's Big Round Number 1.50000 and double bottom in formation acting as support for a LONG with a possible bounce over downtrend tunnel.

Waiting for price action with reversal pattern to trigger a LONG position.

Cheers,
MT
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out