GBPUSD
HELLO TRADERS
Tendency the price trade above turning level at 1.29, indicates is under bullish pressure
TURNING LEVEL : a black line between resistance and support level around 1.29 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level
RESISTANCE LEVEL : there is a green line above turning level around 1.30 , indicates selling have already increase this level , when you reach this level buyer have more supply for GBPUSD
SUPPORT LEVEL : there is a black line below turning level around 1.28 , indicates buying have already increase this level , when you reach this level selling have more demand for GBPUSD
PRICE MOVEMENT : the price after CPI breaking channel , know the price has taken a bullish direction , have three conditions for GBPUSD price movement
FIRST CONDITION : price directly to touch a resistance level at 1.30 , then to reach a 1.31
SECOND CONDITION : the price trying to reach a turning level at 1.29 , after rising a resistance level
THIRD CONDITION : if the price breaking turning level by open 4h candle below a this level reach a support level at 1.28 , then trade below this level reach a 1.27
TARGET LEVEL :
RESISTANCE LEVEL : 1.30 , 1.31
SUPPORT LEVEL : 1.28 , 1.27
HELLO TRADERS
Tendency the price trade above turning level at 1.29, indicates is under bullish pressure
TURNING LEVEL : a black line between resistance and support level around 1.29 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level
RESISTANCE LEVEL : there is a green line above turning level around 1.30 , indicates selling have already increase this level , when you reach this level buyer have more supply for GBPUSD
SUPPORT LEVEL : there is a black line below turning level around 1.28 , indicates buying have already increase this level , when you reach this level selling have more demand for GBPUSD
PRICE MOVEMENT : the price after CPI breaking channel , know the price has taken a bullish direction , have three conditions for GBPUSD price movement
FIRST CONDITION : price directly to touch a resistance level at 1.30 , then to reach a 1.31
SECOND CONDITION : the price trying to reach a turning level at 1.29 , after rising a resistance level
THIRD CONDITION : if the price breaking turning level by open 4h candle below a this level reach a support level at 1.28 , then trade below this level reach a 1.27
TARGET LEVEL :
RESISTANCE LEVEL : 1.30 , 1.31
SUPPORT LEVEL : 1.28 , 1.27
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The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.