After hitting the trendline and some key points, this is where traders decides to sell.
SELL is 80% chance because as we can see it can form a head and shoulders pattern for possible buying opportunity and changing
trend to bullish!
SIMPLE ANALYSIS TRADERS GOODLUCK!
THIS IS JUST MY TRADING PLAN, NO GUARANTEE FOR THIS MOVEMENT. BUT I ALWAYS TRUST MY ANALYSIS.
As you can see order block is created around 0.90270 - 0.90720, this indicates accumulative
buys on this area which makes this area a strong support so we place our stop loss below this area
at 0.90024 stop loss.
After buying there is this strong key level that needs to...
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...