H4 Chart

D1 Chart

30/6/19
Daily bearish trend yet to be broken (price did not break previous high) even though price made double bottom.
Double bottom near weekly now also daily support.
IF price break previous high of the double bottom, potential 36p movement towards the trendline and nearest resistance.
Looking for SELL setup within yellow zone, SELL setup VOID if price breaks the resistance area & trendline.
(IF this happen, look for BUY setup)
D1 Chart
30/6/19
Daily bearish trend yet to be broken (price did not break previous high) even though price made double bottom.
Double bottom near weekly now also daily support.
IF price break previous high of the double bottom, potential 36p movement towards the trendline and nearest resistance.
Looking for SELL setup within yellow zone, SELL setup VOID if price breaks the resistance area & trendline.
(IF this happen, look for BUY setup)
Note
CorrectionDaily bullish trend. Not bearish.
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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.