GBPUSD retracing to Daily Kijun sen
Comment:
Market is retracing to Daily Kijun sen.
Ichimoku Analysis on Daily timeframe:
- Kumo is flat
- Kijun sen is flat
Next Scenario:
H1 is currently up, targeting to Daily Kijun sen of 1.1841. But please note that there is a reversal level (previous support became resistance level) on 1.1760 which is very close. So the market may be resisted there and go down in a short term.
Market is retracing to Daily Kijun sen.
Ichimoku Analysis on Daily timeframe:
- Kumo is flat
- Kijun sen is flat
Next Scenario:
H1 is currently up, targeting to Daily Kijun sen of 1.1841. But please note that there is a reversal level (previous support became resistance level) on 1.1760 which is very close. So the market may be resisted there and go down in a short term.
Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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.