GBPUSD forecast for week 23 (2021.06.07 - 2021.06.11)
Here is my idea about GBPUSD for next week. After breaking the higher low, my previous idea was canceled and I closed my buy position, thanks to the pullback on Friday.
In the daily time fram we can see an inverse head and shoulders pattern and a rising wedge pattern. Higher low of the wedge pattern brocken and we see pullback on Friday. So my forecast is correction till H&S's neckline or continuing short in the right shoulder area.
Good luck to everyone and have a safe and profitable week. Please share your idea in the comment. Thanks!
In the daily time fram we can see an inverse head and shoulders pattern and a rising wedge pattern. Higher low of the wedge pattern brocken and we see pullback on Friday. So my forecast is correction till H&S's neckline or continuing short in the right shoulder area.
Good luck to everyone and have a safe and profitable week. Please share your idea in the comment. Thanks!
Trade closed manually
Trade closed manually
Trade closed manually
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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.