as u can see, the gbp usd is moving in sideway structure, it just broke out from the resistance then push back down.
insidebar breakout pattern happened at the key resistance of this zone. therefore, i think that it will go down to previous support
at the moment, it provide good risk reward ratio (1:3)
insidebar breakout pattern happened at the key resistance of this zone. therefore, i think that it will go down to previous support
at the moment, it provide good risk reward ratio (1:3)
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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.