GBPUSD, 2023-02-21
Updated
CBO with trendline support.
-- CBO meets trendline.
-- CBOs require a COC retest entry (5m)
Few things to note:
-- GBP released News that is moving GBP pairs quite a bit.
-- Would have liked the CBO formation to have formed a bit more classically, but the trendline support helps.
-- There is an DBD right above it that.
-- CBO meets trendline.
-- CBOs require a COC retest entry (5m)
Few things to note:
-- GBP released News that is moving GBP pairs quite a bit.
-- Would have liked the CBO formation to have formed a bit more classically, but the trendline support helps.
-- There is an DBD right above it that.
Note
8:12 Continued movement upwards, still valid. -- Change of character point readjusted for the move.
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