Alpha Forex | GBPUSD Strong Selling Zone ;;
Updated
📉 GBPUSD Price Forecast Update! 📈
Traders, important developments in the GBPUSD charts! 🌐🔍 A cup & handle chart pattern has been identified, and the price has broken down from the upward channel. Here's the forecast:
🚨 Trend Change Alert:
- The cup & handle pattern breakdown suggests a potential shift to a sell zone.
🎯 Technical Targets:
1. Support at 1.2623
2. Support at 1.2510
3. Support at 1.2410
Watch for confirmation of the handle pattern break for potential entry points in line with the emerging bearish trend.
Stay vigilant, stay informed, and remember to incorporate risk management in your trading strategy. Happy trading! 📊📉 #GBPUSD #PriceForecast #ChartPatterns #TradingSignals 🌟💹💸
Traders, important developments in the GBPUSD charts! 🌐🔍 A cup & handle chart pattern has been identified, and the price has broken down from the upward channel. Here's the forecast:
🚨 Trend Change Alert:
- The cup & handle pattern breakdown suggests a potential shift to a sell zone.
🎯 Technical Targets:
1. Support at 1.2623
2. Support at 1.2510
3. Support at 1.2410
Watch for confirmation of the handle pattern break for potential entry points in line with the emerging bearish trend.
Stay vigilant, stay informed, and remember to incorporate risk management in your trading strategy. Happy trading! 📊📉 #GBPUSD #PriceForecast #ChartPatterns #TradingSignals 🌟💹💸
Trade active
📉 Trade Update: GBPUSD Short Position Activated! 🚨📊Traders, exciting news! 🌟🔍 As anticipated, the GBPUSD trade has been activated following the breakdown of the handle level confirmed by a bearish candle. Here are the key details:
📈 Trade Action:
Short Position Activated
Handle Level Breakdown Confirmed
Bearish Candle Signals Entry
Note
📉 Trade Alert: GBPUSD Bearish Signal from Resistance Level 🚨📊Traders, important developments in the GBPUSD charts! 🌐🔍 The market is currently at a channel retracement level, and a bearish candle has formed from a resistance level. Here's a quick update:
🚨 Trade Status:
- **Retracement Level:** Reached in the channel
- **Bearish Signal:** Confirmed with a candle from the resistance level
Consider this bearish candle as a potential indication of a reversal. Monitor the price action closely for confirmation and be prepared to adjust your strategy accordingly.
Stay informed, stay vigilant, and implement sound risk management practices. Best of luck with your trades! 📉💹🌟🚀💰
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Note
Focus on selling GBPUSD
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