DAILY: PENNANT TRIANGLE. CONSOLIDATION
(WAIT FOR RESITANCE BREAK. I PREDICT IT WILL BREAK TO THE UPSIDE. WE SHALL SEE WHAT HAPPENS.
4 HR: DOWNTRENT CHANNEL.
1 HR: SAME AS 4 HR. CREATED LL AND AT SOME POINT CREATED HL AND H.
NO DIVERGENCE,
21/8 VERY CLOSE TOGETHER.
PP SOMEWHAT WORKING AS SUPPORT. MY PREDICTION IT WILL HIT SUPPORT AND THE 50% ON THE FIB. BOUNCE UP AND TP OF 30 PIPS. COME BACK DOWN AND CREATE NEW LH AND HH INTO AN UPTREND.
GBPUSD
(WAIT FOR RESITANCE BREAK. I PREDICT IT WILL BREAK TO THE UPSIDE. WE SHALL SEE WHAT HAPPENS.
4 HR: DOWNTRENT CHANNEL.
1 HR: SAME AS 4 HR. CREATED LL AND AT SOME POINT CREATED HL AND H.
NO DIVERGENCE,
21/8 VERY CLOSE TOGETHER.
PP SOMEWHAT WORKING AS SUPPORT. MY PREDICTION IT WILL HIT SUPPORT AND THE 50% ON THE FIB. BOUNCE UP AND TP OF 30 PIPS. COME BACK DOWN AND CREATE NEW LH AND HH INTO AN UPTREND.
GBPUSD
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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.