Price broke yesterdays support level, but turned around on yesterdays low.
I believe price can go up to test green trendline, but I expect it to go lower today. Green line is a good place to entert new sell order.
Good luck.
I believe price can go up to test green trendline, but I expect it to go lower today. Green line is a good place to entert new sell order.
Good luck.
Comment:
Looks like we have a inverted H&S, I'm not buying, but this pattern can bring GBPUSD up to the blue line, which is good entry point for another sell.
Trade closed: target reached:
For me GBPUSD target has been reached, it can go lower, but I'm expecting price to turn around soon.
Comment:
Waiting for that reversal.