GBP/USD Intraday Analysis (Breakout Wanted!!)

FX:GBPUSD   British Pound / U.S. Dollar
The price is moving in a range. Bulls manage to keep the price above the trendline and bearsbelow the resistance at 1.5675. The formation shows bulls win but the number of tries to go over this level show that buyers might start to loosing their power so a breakout of the trendline and a retest of the blue trendline is possible. Anyway, a breakout is wanted always with attention on the candlestick patterns.
thx for is my view: Here a breakout trading idea. The Long Trigger is the neckline of the shs. I have illustrated 2 possible Long positions, one is ultrashortterm the other shortterm :-)
The Szenario is only active if theprice of the pair will not be fall below the level of the left shoulder
KN_FXtrader marihuana-aktien
Good poit view. Good job!!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out