GBP/USD -Flirting Resistance *W

已更新

- Great British Pound seen on a more broader picture of
Weekly Time-frame *W (tf) .
Flirting with Trendline Resistance that rejected price action
on 4 times of interactions previously.
Fakeout occurance would be put to stop by 200EMA coming down as
Resistance Ceiling for GBP/USD

Breakout of Trendline + 200EMA re-testing them as Supports would give
much more room for growth regarding GBP

Below Supports

- Daily Order-Block *D OB
- Last Higher Low at 1.18$
- Weekly Order-Block *W OB

TRADE SAFE !

*** Note that this is not Financial Advice !
Please do your own research and Consult your own Financial Advisor
before partaking on any trading activity based soly upon this Idea.

注释

PoC on *W
Point of Control of VRVP Volume Profile set on Weekly (tf)

Coinciding with the *Daily OB

注释

Trend Fibb' Retracement
Reclaiming Golden Zone would re-claim strenght.
Lose the 0 zone and breaking last Higher Low would Change the Character (CHoCH)
of current Uptrend

TRADE SAFE

注释

Bulls showing weakness on *W print.
Can as well be the case of uptrend continuation.
Yet to be seen ;

注释

(updated)

*W (tf) - Macro Flirting Trendline Resistance break out.
Strong Bullish Candlestick break-out (price action)
Volume break-out below average

注释

Post Trendline Resistance Break-out
Forming a Bull Flag so far ( on the yellow)
More confirmation awaiting regarding the Resistance break out