Get started
swissmoneymakers

GBPUSD - Buying towards Top with PrAc - Later Selling

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
swissmoneymakers Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns priceaction PRAC multitimeframeanalysis
4
0
trendanalysis chartpattern priceaction prac multitimeframeanalysis
Hi Traders!
The market is in an overall Downtrend.
But because the Price Action (= PrAc) of the market is higher to the bullish side, we buy towards the next Resistance.

Here is the Top-Down Analysis without explanation.
If you wish one, please let us know in the comments or write in the chat!


Weekly - Daily - H4 - H1

Weekly:

snapshot


Daily:

snapshot


H4-Timeframe:

snapshot


H1-Timeframe:

snapshot



Thanks and successful Trading :)!
Comment:
Here is the RED BOX for you:

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.