TradingAxis

GBPUSD > Simple trading plan!!

FX:GBPUSD   British Pound / U.S. Dollar
Analysis on #GBPUSD

Hello friends.

there is nothing really in this chart on the higher time frame from technical analysis POV , only one setup on the 15m chart, possible Harmonic Bat pattern ,

what I see currently on the chart is similar to the head and shoulders pattern, but I know many of the traders will not agree,

however, the story is there and I am watching the market and how it will react when it enters the resistance structure zone and what price action will provide us.

I prefer to see the market breaking the resistance level and moving to the upside then I might look for a buy trade





Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated

Check today analysis below⠀

>>“In Trading Losses Are the Cost of The Wins, TradingAxis.”


____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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Comments

looking how we closed last week. most likely to reach the high before a massive sell
Reply
Nice post.good Ideas.
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Good charting, checkout my idea on sterling here:
Reply
I like your charts
Thanks for your work
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