GBPUSD
Short Call:
Descending Trend Line meeting with converging trend lines
Formation of Inverted Cup and Handle
With Strong Resistance and Support at 1.37449
Entry level 1: 1.37663 (SL 1.37820,TP 1.37089)
Entry Level 2: 1.37490 (SL 1.37420, TP 1.33985)
Note: Concerned regarding Dow theory formations of Higher Highs and Higher Lows
Short Call:
Descending Trend Line meeting with converging trend lines
Formation of Inverted Cup and Handle
With Strong Resistance and Support at 1.37449
Entry level 1: 1.37663 (SL 1.37820,TP 1.37089)
Entry Level 2: 1.37490 (SL 1.37420, TP 1.33985)
Note: Concerned regarding Dow theory formations of Higher Highs and Higher Lows
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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.