simple analysis of break and retest. wait for the retest and conformation to SELL before you take position
this is a zoomed view of my last idea posted on GU. NOTE candle 1: Hammer candle 2: Full bodied bull candle 1&2: Bullish Engulfing
using H&S, Channels, Trendlines, Support and resistance
determing the next TP levels for GBPUSD using trendlines, channels, support and resistance
Trendlines, support and resistance are the main criteria for this analysis
trendlines are basis of this analysis however one should consider other criteria to enable them be more precise in their position