bearish price action on gbpusd with short term bullish
potential heads and shoulder on gbpusd on the weekly chart i would like to see it form fully.
and down to the the daily tf we see that the support 1.37990 held by forming a rail road track so its logical to expect price to push towards the 1.40000 zone. hence we look for bearish price action to follow the weekly head and shoulder.
point beign expect bullish action first then at a resistance find bearish action we still need to restest the monthly broken wedge price is elastic
this is not financial advice
and down to the the daily tf we see that the support 1.37990 held by forming a rail road track so its logical to expect price to push towards the 1.40000 zone. hence we look for bearish price action to follow the weekly head and shoulder.
point beign expect bullish action first then at a resistance find bearish action we still need to restest the monthly broken wedge price is elastic
this is not financial advice
註釋
so far so good this pattern played out as predicted now we up lookung for the bulls to step
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