GBPUSD | Bearish Flag
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Price was rejected of the Ichi Cloud resistance zone and formed the Bearish Flag. As the mid line of the pattern is broken we can go to the lower boundary.
In case there is a confirmed breakout of the Flag the pattern will be confirmed and we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price was rejected of the Ichi Cloud resistance zone and formed the Bearish Flag. As the mid line of the pattern is broken we can go to the lower boundary.
In case there is a confirmed breakout of the Flag the pattern will be confirmed and we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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t.me/anputeam
Twitter account:
twitter.com/anputeam
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.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
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.