NOW ON GBPUSD
formed double top on daily tf. on a weekly tf, tried to break out (twice) of that 0.618 fib area but failed.
price is currently on a key area. high probability for this pair to move to the downside.
watch price action on lower time frames, then look for valid short entries.
price is currently on a key area. high probability for this pair to move to the downside.
watch price action on lower time frames, then look for valid short entries.
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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.