#GBPUSD Price is trading the Resistance Area and it is also react the 4HR resistance so it is possible to a drop And the price also possible to down and touch the 50EMA shooting star candlesticks will formed in resistance area
Why we like it:
Price Trading in Resistance area
formed shooting star candlestick pattern
Attend the 90% fib level
Retrace the price and expect to touch the 50EMA
1st support:
1.37655
Next Zone area & horizontal swing Low support
2nd support:
1.36960
Zone area & horizontal swing Low support
1st Resistance
1.38649
Zone area & horizontal swing high resistance
Why we like it:
Price Trading in Resistance area
formed shooting star candlestick pattern
Attend the 90% fib level
Retrace the price and expect to touch the 50EMA
1st support:
1.37655
Next Zone area & horizontal swing Low support
2nd support:
1.36960
Zone area & horizontal swing Low support
1st Resistance
1.38649
Zone area & horizontal swing high resistance
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.