Hey tradomaniacs,
GBP/USD failed to show more sell-momentum below the NECK-ZONE of the S/H/S-Pattern 👉
So far, the market has created a potential double-bottom which is making it a bit complicated as we have a bullish and bearish pattern in the daily chart.
If prices breaks the neck-zone, we might get more momentum to the upside and eventually an attempt to break the neck-line of the double-bottom.
Watch this zone carefully!👌
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
GBP/USD failed to show more sell-momentum below the NECK-ZONE of the S/H/S-Pattern 👉
So far, the market has created a potential double-bottom which is making it a bit complicated as we have a bullish and bearish pattern in the daily chart.
If prices breaks the neck-zone, we might get more momentum to the upside and eventually an attempt to break the neck-line of the double-bottom.
Watch this zone carefully!👌
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
Note
GBP/USD: Daytrade-Preparation Notice: Waiting for a test of trendline-area as there is a lot of liquidity waiting! Want to see whether buyers take action there again or not before I execute!
Market-Buy: 1.37180
Stop-Loss: 1.37045
Point of Risk-Reduction: 1.37410
Take-Profit: 1.37900
Stop-Loss: 14 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.