#GBPUSD - UniverseMetta - Analysis
On W1 we observe a correction from the previous impulse, which could potentially indicate the beginning of an upward price movement.
On D1, when fixed behind the trend line, it will be possible to consider buying at the beginning of a price rise. For the purpose of updating 1.28500
On H4, the 3rd wave is locally realized; we can consider an entry from the breakout to continue the upward movement.
Target: 1.27065 - 1.27290 - 1.27655
On W1 we observe a correction from the previous impulse, which could potentially indicate the beginning of an upward price movement.
On D1, when fixed behind the trend line, it will be possible to consider buying at the beginning of a price rise. For the purpose of updating 1.28500
On H4, the 3rd wave is locally realized; we can consider an entry from the breakout to continue the upward movement.
Target: 1.27065 - 1.27290 - 1.27655
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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.