From the chart, you will see that gbpusd is a long term bearish trade.
Reason;
1, In the bigger picture of the chart, you can an uptrend confirmation after the third touch
2, in the smaller picture you will see an ascending triangle
Wait for second trendline breakout for more confirmation and entry
Reason;
1, In the bigger picture of the chart, you can an uptrend confirmation after the third touch
2, in the smaller picture you will see an ascending triangle
Wait for second trendline breakout for more confirmation and entry
Trade active
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.