GBPUSD is more likey to be my TOP PAIR of the Month
Hello my follower,
According to my analysis,
1. GU has tested 3 times the Ascending trendline (Resistant trendline),
2. The market maker has made 3 market structure levels going up, each with it's own correction, now that we have had 3 levels, the market is more likely to make an aggressive correction for all 3 levels!
In order to know where market correction will be, I use Fibonacci Retracement zone 50.0_61.8%.
I hope it makes sense to you.
Cheers...
According to my analysis,
1. GU has tested 3 times the Ascending trendline (Resistant trendline),
2. The market maker has made 3 market structure levels going up, each with it's own correction, now that we have had 3 levels, the market is more likely to make an aggressive correction for all 3 levels!
In order to know where market correction will be, I use Fibonacci Retracement zone 50.0_61.8%.
I hope it makes sense to you.
Cheers...
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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.