MMBTtrader

GBPUSD need to take decision falling more or take support ?

FX:GBPUSD   British Pound / U.S. Dollar
previous bearish analysis about GU was perfect and boom targets hit :

and here we are on important zone that here is detail:
Red path :falling can continue easily and after breaking trendline we would wait for retest and add more sell position and targets are
1. 1.3850
2. 1.3740
Green path :this strong movement that start can easily continue too but major resistance(weekly) wait for it 1.4300 and targets are
first target : 1.4036
second target: 1.4086

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>

this time share your idea about it and lets discuss about it (my opinion is Red path (60% sure ) for now and I see GU really bearish but we can expect some more bull candle before falling Green path as you can see )
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Comments

interesting, lets see how the market develops. 🦐
+1 Reply
MMBTtrader plancton0618
@plancton0618, thanks and yup 🦐🦐
Reply
excellent risk:reward in this trade
+1 Reply
MMBTtrader ProjectSyndicate
@ProjectSyndicate, thanks 💚✔
Reply
Fall more with bearish continuation seems legit thx
+1 Reply
MMBTtrader jojofang0901
@jojofang0901, thanks a lot
Reply
Very interesting🔥
+1 Reply
MMBTtrader FieryTrading
@FieryTrading, thanks a lot 🔥🔥🔥
Reply
thanks for sharing! here's what I see GBPUSD:
+1 Reply
MMBTtrader TradingAxis
@TradingAxis, well done great one thanks for sharing with us mate
Reply
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