GBP Short
At key level 61.8 fib, wait for a close below or a few candles to ensure it's not going to bounce off.
If price breaks below could see it hitting the key level which is our 1st target. Possible 2nd target large level of resis below.
Double top indicates buying pressure is exhausted and it's ready to fall.
Any questions/opinions please feel free to comment!
If price breaks below could see it hitting the key level which is our 1st target. Possible 2nd target large level of resis below.
Double top indicates buying pressure is exhausted and it's ready to fall.
Any questions/opinions please feel free to comment!
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.