Hello Traders!
Cheers on the last Analysis on GBPUSD again. Price dropped down from our h4 Supply Zone.
My Target for this drop is the Demand Zone at the daily Swap Zone. From there I expect the price to continue with the move to the upside. As we can see price has formed a W-Formation. This Supply Zone caused the correctional move after a W-Formation which is providing us a great entry.
Target for long the is Resistance Line marked on the charts.
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.
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