The GPBUSD shows a H&S pattern forming on the hourly chart.
Price has made a LL off the Daily 21 EMA & WKY R1.
Looking for a LH on the 1 Hr - range - 1.2516 - 1.2522 to take the trade - 38.2- 50% fib.
Target 1.2387 Wkly S1
Fundamentals match technicals. USD strength.
Price has made a LL off the Daily 21 EMA & WKY R1.
Looking for a LH on the 1 Hr - range - 1.2516 - 1.2522 to take the trade - 38.2- 50% fib.
Target 1.2387 Wkly S1
Fundamentals match technicals. USD strength.
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.