Minimum 9% Buy and hold at 9 year support + Confluence factors
High confluence zone gathering POC's of the last few months of 2024 and a Month Fair value gap used as a support for over 10 years.
This is a grab for me and its ready by monday as we retest the Q1 Pivot point
This EMA200 of a monthly chart is only available since 2018 but is such a wonderful support resistance for many pairs of Forex and we clearly see it happening with two week candles rejecting.
I will add to the winner above weekly BISI Fair value gap of Jan 06 at 0.838 after retest and only 1 more position to .81 which is higly risky if we reach .81
But getting down there would be a wreck of the British economy which is a 9 year low
This is a grab for me and its ready by monday as we retest the Q1 Pivot point
This EMA200 of a monthly chart is only available since 2018 but is such a wonderful support resistance for many pairs of Forex and we clearly see it happening with two week candles rejecting.
I will add to the winner above weekly BISI Fair value gap of Jan 06 at 0.838 after retest and only 1 more position to .81 which is higly risky if we reach .81
But getting down there would be a wreck of the British economy which is a 9 year low
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.
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.