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Apr 19, 2021 6:44 AM

GBPUSD is approaching resistance | 19 Apr 2021 Short

British Pound/U.S. DollarFXCM

Description

Prices are approaching resistance where we could see a reversal below this level. Our first resistance is in line with our 78.6% retracement and 100% extension.
Comments
Trader_Indrajith
please try analysing using indicators...or else please understand the use of each indicators..Stocastic, RSI are all momentum indicators and oversold or over bought doesnt mean price will reverse the trend..!! try analysing using pure price action and S&R zones and trend lines
jiahueilai
@indrajith_divin, hit SL..
MohammadMajd_r
@jiahueilai, Try again another entry
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