In our last GBPUSD analysis, we were waiting for the break of the ascending correction. After price broke the ascending correction, we saw a few days of consolidation before we got the catalyst we needed to get things moving - FED announcement,
Price has dropped 380pips from our initial entry and we are watching for the next correction to take this even lower. Watch for the correction to form and draw a trendline. Enter on the break of the trendline with stops above the correction.
Notice how the trend changes once there is a double top/bottom. Do your best to identify these in your analysis!
Goodluck and trade safe!
Price has dropped 380pips from our initial entry and we are watching for the next correction to take this even lower. Watch for the correction to form and draw a trendline. Enter on the break of the trendline with stops above the correction.
Notice how the trend changes once there is a double top/bottom. Do your best to identify these in your analysis!
Goodluck and trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
相關出版品
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。