Analysis on #GBPUSD
Hello friends.
there is nothing really in this chart on the higher time frame from technical analysis POV, only one setup on the 15m chart, possible Harmonic Bat pattern,
what I see currently on the chart is similar to the head and shoulders pattern, but I know many of the traders will not agree,
however, the story is there and I am watching the market and how it will react when it enters the resistance structure zone and what price action will provide us.
I prefer to see the market breaking the resistance level and moving to the upside then I might look for a buy trade
Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Check today analysis below⠀
>>“In Trading Losses Are the Cost of The Wins, TradingAxis.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Hello friends.
there is nothing really in this chart on the higher time frame from technical analysis POV, only one setup on the 15m chart, possible Harmonic Bat pattern,
what I see currently on the chart is similar to the head and shoulders pattern, but I know many of the traders will not agree,
however, the story is there and I am watching the market and how it will react when it enters the resistance structure zone and what price action will provide us.
I prefer to see the market breaking the resistance level and moving to the upside then I might look for a buy trade
Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Check today analysis below⠀
>>“In Trading Losses Are the Cost of The Wins, TradingAxis.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
