SHORT on GBPUSD
Possible short entry on GBPUSD after the retest of support turning to resistance.
This is also in line with:-
1) possible swap zone area demand turned to supply zone
2) fib retracement level - 50% - 62%
3) high chances that price might go back to retest the resistance level since RSI is showing bullish divergent
Look at the chart for further details.
PS: This is not a trade signal. it is just our opinion.
Thank you.
Have a good day.
This is also in line with:-
1) possible swap zone area demand turned to supply zone
2) fib retracement level - 50% - 62%
3) high chances that price might go back to retest the resistance level since RSI is showing bullish divergent
Look at the chart for further details.
PS: This is not a trade signal. it is just our opinion.
Thank you.
Have a good day.
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.
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.