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InvestMate
Apr 6, 2023 11:15 PM

💷💵 GBP/USD Beginning of a Correction? 💷💵 Short

British Pound/U.S. DollarFXCM

Description

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💷💵 GBP/USD Beginning of a Correction?

💷💵 Nearest strong support zone: around the fibo level of the downward wave 0.382.

💷💵 Nearest strong resistance zone: around recent highs.

💷💵 Technical environment:

📊 Moving averages: Uptrend

📊 MACD: Downtrend

📊 RSI: 50/50

📉 The scenario I am playing is the beginning of a downward wave. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In case of a change in perspective I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.

🚀 If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile 🚀
Comments
TradingBrokersView
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Thank you for the idea. Nice looking chart.
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