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KronFX
Apr 21, 2023 8:05 PM

20 - GBP/USD - technical analysis -  

British Pound/U.S. DollarFXCM

Description


hello, until we see the supply area taken over (that is, the protected peak should be taken over)

we will consider it more likely to sell, but if we see the change in character, we will be interested in buying

Comment

in the short term the sale was valid, but in the long term the price respected the structure and took over the liquidity point from 4h

Comment

there is no place for luck, only a lot of perseverance and discipline

Trade closed: target reached

Comments
Solldy
It's a beautiful chart. You have a very good use of technical analysis tools. When you analyze the long term, do you consider the fundamental analysis?
KronFX
@Solldy, Hello thank you! , let's say I trade (from short term to long term, this depends a lot on the chart, I don't have a fixed period of time in which to trade). I don't use fundamental analysis at all, I also don't use news.

I use 100% only the market structure! and I try as much as possible to keep the chart and things in general quite simple, because that way I can make the clearest and best decisions! decisions that help me always make a profit at the end of the month!
KABHI_FOREX_TRADING
amazing work, thanks
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