GBP/USD POSSIBLE STRUCTURE
Looking to sell GU once price break & close below the rising TL.
Current confluence factor:
- Monthly Res at 1.4500 (price is below)
- Ascending Triangle Structure (waiting for breakout)
- Multiple rejection by Fib Level 61.8%
- MA's crossover, Bearish Bias
Current confluence factor:
- Monthly Res at 1.4500 (price is below)
- Ascending Triangle Structure (waiting for breakout)
- Multiple rejection by Fib Level 61.8%
- MA's crossover, Bearish Bias
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