GBP/USD - The Weekly Structure 16/01/20

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening!
CHECK UPDATE SECTION FOR MORE INFO!

Note

Note

01:10 (16/01/20)
On Daily time-frame we can see price is bouncing off the trend-line, my expectations are, that price will make some sort of a FLAG, and drop to the upside, of course it's not guaranteed, it can shoot up, but we need more action before opening any trade!

FXAscii

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.