GBPUSD - Some 240 minute waves
Following up on last week's post, we made it to some support. Massive resistance above not just in fib retracements (newly added red lines above price) but in the original diagonal trendline serving as resistance for this move.
There are likely hundreds of different ways to trade this sort of chart, so I'm sharing it as more of a "road map" with both fibs and elliott waves. Cheers.
There are likely hundreds of different ways to trade this sort of chart, so I'm sharing it as more of a "road map" with both fibs and elliott waves. 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.