GBPUSD - Sell (missed trade)
4 hour shows us a fib short at the 62% when running fibs from the whole move.
30 min shows us a fib short at the 72% when running fibs from the institutional levels closest to the leg that broke out.
4 hour and daily show a strong support and resistance when the yellow line is which has confluence with all of our entries described above.
30 min shows us a fib short at the 72% when running fibs from the institutional levels closest to the leg that broke out.
4 hour and daily show a strong support and resistance when the yellow line is which has confluence with all of our entries described above.
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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.