đź’ˇHello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
Let's take a look at GBP/USD on 4H chart. We can see that price has been rejected from descending channels support line and now is headed toward resistance line and when price will reach this line we will look how strong is this bullish momentum, maybe strong enough to break through resistance ?
Let us know what you think about this idea.
Trade safe !
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
Let's take a look at GBP/USD on 4H chart. We can see that price has been rejected from descending channels support line and now is headed toward resistance line and when price will reach this line we will look how strong is this bullish momentum, maybe strong enough to break through resistance ?
Let us know what you think about this idea.
Trade safe !
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Related publications
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.