Hello Traders!
Great moves on GBPUSD. We finally got a break of the Support Zone. Now Price retest this zone like I marked on my last chart. Also we got 2 Supply Zones at this are. The price went up to grab more liquidity in order for now to push more down.
What can we expect:
That the price will drop down to one of the 2 Support Levels. We can also expect that the price will retrace from the first Support and then retesting the Trend Line before going down to the last Support.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
Great moves on GBPUSD. We finally got a break of the Support Zone. Now Price retest this zone like I marked on my last chart. Also we got 2 Supply Zones at this are. The price went up to grab more liquidity in order for now to push more down.
What can we expect:
That the price will drop down to one of the 2 Support Levels. We can also expect that the price will retrace from the first Support and then retesting the Trend Line before going down to the last Support.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
Note
perfect move on GBPUSD. It smashed our TP at the support level and it went up like expected. Fort further downside movement watch price action in order to jump into the trade again.
I will make tomorrow a new analysis
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✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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.