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akanagaeinstein
Jun 30, 2020 7:48 AM

Potential Buy Short

British Pound / U.S. DollarFOREX.com

Description

The larger support and resistance were drawn on the 4hr chart.. the smaller support was drawn on the one hour chart.. if there’s a break in the one hour support, then it’s probably heading to the 4hr support.. who knows might break through too.. But the BUY should be when the one hour support is broken and a buy signal from lesser time frames would give a better entry opportunity.. Also considering the daily downtrend.. I think its a high probability... leave a thumbs up 👍
Comments
akanagaeinstein
If you read this well you will understand that I’m talking about a sell and not a buy, though both opportunities could present themselves.. but this is a potential sell not a buy
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