RaynLim

GBPUSD-Weekly Market Analysis-Dec20,Wk2

Short
FX:GBPUSD   British Pound / U.S. Dollar
Shark Patterns in the Harmonic Pattern setup is the most tricky setup. Last week, you have witnessed 1 of the potential setup of the bearish shark pattern(link at bottom) and we have all seen how the shark pattern was in place and created a strong resistance of the ascending triangle . This week the PRZ zone has moved up to the area and if this level is broken, there will be another level. Yeah, believe it.

If the market falls from here, the support level would prevent it to create a free flow, we would expect more of a bounce then a free fall.
Have you tried trading, but you still can't get a consistent result? Join us on our Webinar on Wednesday, 21April21 8pm-9.30pm(+8GMT)
Information can be found here -
https://forex100.ac-page.com/webinar-mastering-trading-zone-to-be-a-successful-trader

Comments

Good luck
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out