GBPUSD LONG SELL, RESPECTIVE FIBO AND SUPPORT AND RESISTANCE LVL
GBPUSD is fluctuating in the past months, possible long sell in the next 2-4 weeks.
You can refer on my analysis on the next possible movements, bouncing and reacting on respective areas.
KEYPOINTS TO OBSERVE:
(refer to blue line)
1. BIG respect to this strong key level as you can observe on the past movement it bounces on this area.
2. Also you can see the trendline resistance connects with the key level.
3. Fibonacci zone at 0.382 which is very important area. Most of the whale traders look on this area.
REMINDER:
Best entry is when confirmation comes (4hr red candle).
Always follow trading plan, STOP LOSS IS A MUST!
THIS IS JUST MY TRADING PLAN AND I JUST WANNA SHARE IT TO YOU GUYS CAUSE I THINK IT
MIGHT HELP. SEE YOU NEXT WEEK!
You can refer on my analysis on the next possible movements, bouncing and reacting on respective areas.
KEYPOINTS TO OBSERVE:
(refer to blue line)
1. BIG respect to this strong key level as you can observe on the past movement it bounces on this area.
2. Also you can see the trendline resistance connects with the key level.
3. Fibonacci zone at 0.382 which is very important area. Most of the whale traders look on this area.
REMINDER:
Best entry is when confirmation comes (4hr red candle).
Always follow trading plan, STOP LOSS IS A MUST!
THIS IS JUST MY TRADING PLAN AND I JUST WANNA SHARE IT TO YOU GUYS CAUSE I THINK IT
MIGHT HELP. SEE YOU NEXT WEEK!