GBPUSD: The Next Step
The orange line I marked is the support line for the price.
As we can see, the price has been rising for a while. The upward trend was fluctuating, which made all traders nervous.
Would the price follow the support line?
The Bollinger Bands have remained in the same width since the price entered an upward trend. This situation could tell us that the price may not breakout soon.
The volume went low, traders are not confident with either side.
The MACD is about to make a bullish cross, this could be a signal for short time only, let’s say, a small peak.
Let’s wait for more signals.
As we can see, the price has been rising for a while. The upward trend was fluctuating, which made all traders nervous.
Would the price follow the support line?
The Bollinger Bands have remained in the same width since the price entered an upward trend. This situation could tell us that the price may not breakout soon.
The volume went low, traders are not confident with either side.
The MACD is about to make a bullish cross, this could be a signal for short time only, let’s say, a small peak.
Let’s wait for more signals.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。