British Pound / U.S. DollarUpdated GBPUSD important support area ...
Hello Traders , if you see GBPUSD in weekly tf , you'll understand that it is in an uptrend and the last higher low is where exactly the price is now !
If a breaking of the structure happens in this support area , the weekly tf uptrend will be invalidate.
I see the major momentum says the sellers are stronger than buyers and in the very last candle there is a full bear candle which means breaking the structure is more possible here ...
What's your Ideas ?
If a breaking of the structure happens in this support area , the weekly tf uptrend will be invalidate.
I see the major momentum says the sellers are stronger than buyers and in the very last candle there is a full bear candle which means breaking the structure is more possible here ...
What's your Ideas ?
Trade closed manually
opened @1.39 , and now close @1.3 , 900 PIPS
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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.