GBPUSD on the 1H time-frame.
Steps:
1. The price is running downtrend and if the price create the lower high at this MACD (+) that mean the downtrend still active .
2. If the next MACD (-) create the higher low and breakout the previous high which will be confirmed the reversal pattern.
3. Keep waiting for take an action.
Steps:
1. The price is running downtrend and if the price create the lower high at this MACD (+) that mean the downtrend still active .
2. If the next MACD (-) create the higher low and breakout the previous high which will be confirmed the reversal pattern.
3. Keep waiting for take an action.
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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.