2410 GBPUSD : too many traps here to long
Anyone who know some kind of HARMONIC knowledge can find some harmonic patterns here.
If I may say something, that is too many traps here for buyers.
Pls go check daily chart or wkly chart, they dont support a long trade on GU yet.
And back to this 4H chart, there is a blue channel is still valid.
Price still can go down alone with the blue channel to find another D of a harmonic. There are two of that on my chart. And the closest one has 130+ pips to go.
And our last idea on GU has a uptrend channel which is broken already . So good luck !
Less is more!
If I may say something, that is too many traps here for buyers.
Pls go check daily chart or wkly chart, they dont support a long trade on GU yet.
And back to this 4H chart, there is a blue channel is still valid.
Price still can go down alone with the blue channel to find another D of a harmonic. There are two of that on my chart. And the closest one has 130+ pips to go.
And our last idea on GU has a uptrend channel which is broken already . So good luck !
Less is more!
Comment:
Comment:
1.285 is next nearest support.
