is there possibility to break for GBPUSD?
Newbie Here,
Last week, I initiated a short position on GBPUSD due to two retests at key points on the 1-hour chart, coupled with the presence of resistance within the 4-hour timeframe. Is there potential for a breakout beyond this resistance, or are we likely to see a breach of the established support?
Last week, I initiated a short position on GBPUSD due to two retests at key points on the 1-hour chart, coupled with the presence of resistance within the 4-hour timeframe. Is there potential for a breakout beyond this resistance, or are we likely to see a breach of the established support?
Trade closed: target reached
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.
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.