A divergence signal appeared with GBPUSD
H4 time frame.
Structure: Downtrend
At the support area of 1.33500, a double bottom reversal pattern appeared and the MACD dynamics dropped with divergence signal.
Key level is clearly at 1.35000, wait for the price to break the Key level and retest, then you can find buying opportunities.
The profit target is the 1.36500 price zone.
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Wish you all have a good trading day!
Structure: Downtrend
At the support area of 1.33500, a double bottom reversal pattern appeared and the MACD dynamics dropped with divergence signal.
Key level is clearly at 1.35000, wait for the price to break the Key level and retest, then you can find buying opportunities.
The profit target is the 1.36500 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.