SHORT TO LONG - BULLISH TRENDLINE
Hi traders,
like and follow if you agree.
Despite showing a a reduction in power in the last few days, GBP seems still strong and ready for a new long term unptrend.
Is it possible that the prices will retrace to retest the main trendline or the supports around $1.3585 before the rebound.
Better to have a SL at 1.352 to minimize the losses in case of a trend reversal.
Good trading!
like and follow if you agree.
Despite showing a a reduction in power in the last few days, GBP seems still strong and ready for a new long term unptrend.
Is it possible that the prices will retrace to retest the main trendline or the supports around $1.3585 before the rebound.
Better to have a SL at 1.352 to minimize the losses in case of a trend reversal.
Good trading!
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.