Salaam
despite what we see, in ascending triangle and false breakout!!, it's time to short GBP in my opinion.
If it goes right, the downtrend could continue to 1.3!
Good luck and watch out for the risk!
despite what we see, in ascending triangle and false breakout!!, it's time to short GBP in my opinion.
If it goes right, the downtrend could continue to 1.3!
Good luck and watch out for the risk!
Note
Hello againIf the price could continue uptrend in 4H to 50% Fibonacci at 1.3173, and stochastic oscillator goes above 80.
1- price continues to go up: it could continue to 1.34 and the uptrend that starts 3rd January, would continue.
2- price return down: the uptrend has not enough power to make HH and we face to downtrend.
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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.