GBPUSD, after a strong fall, enters the phase of a sideways range - the accumulation of energy for further movement. From the opening of the session, the currency pair makes a strong move, which completely wastes the daily ATR. The price after the breakdown of the level of 1.2485 rises to resistance - the upper limit of the range - 1.2595.
I suppose testing the resistance with a false breakout followed by a price rollback to the nearest level of 1.2485.
Sincerely. R. Linda!
I suppose testing the resistance with a false breakout followed by a price rollback to the nearest level of 1.2485.
Sincerely. R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.