Chart is self explanatory, the prediction is arrived with combined use of time cycle, geometric projection, harmonic pattern, & dynamic S&R method. There is possibility of RSI diverging in future when price will hit the zone for short so that need to be kept in mind also. All this is happening in & around 1.60000 BRN level .
Cheers
If grounds are clear than we can see fall across @GBP soon. Expecting wall to provide resistance to price climbing any further. Two ways to trade this, 1] aggressively by taking trade on touch of upper line or 2] wait for the lower TL break & then enter short. Sustained break above calls for stop out.
If grounds are clear than we can see fall across @GBP soon. Expecting wall to provide resistance to price climbing any further. Two ways to trade this, 1] aggressively by taking trade on touch of upper line or 2] wait for the lower TL break & then enter short. Sustained break above calls for stop out.
