GBPUSD AROUND A RESISTANCE ZONE !
Updated
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GBP/USD IS AROUND A MASSIVE RESISTANCE ZONE
As we clearly see price is trading inside this rising channel making clean higher highs and higher lows
However, price is around a resistance zone where we will be searching for new shorts.
For the bears to kick in we need a new swing low to be formed around the trendline then a break as shown in the picture
1-2 RRR from a risk management perspective and technical edge over the market
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GBP/USD IS AROUND A MASSIVE RESISTANCE ZONE
As we clearly see price is trading inside this rising channel making clean higher highs and higher lows
However, price is around a resistance zone where we will be searching for new shorts.
For the bears to kick in we need a new swing low to be formed around the trendline then a break as shown in the picture
1-2 RRR from a risk management perspective and technical edge over the market
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
Glad to see you there: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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