Based on the recent price action, we observe a potential reversal pattern forming on the 15-minute GBP/USD chart. The market has made a significant upward move, but the structure now indicates possible bearish momentum ahead.
Entry Zone: Marked after the second lower high (circled area)
Target 1: 1.35360 (green line)
Target 2: 1.34950 (blue line)
The setup suggests a short opportunity with two possible profit-taking zones Keep an eye on price behavior around these levels for confirmation
Entry Zone: Marked after the second lower high (circled area)
Target 1: 1.35360 (green line)
Target 2: 1.34950 (blue line)
The setup suggests a short opportunity with two possible profit-taking zones Keep an eye on price behavior around these levels for confirmation
Trade active
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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.
join Now Forex Signal
t.me/+zrtNDITfl7FlOTg0
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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.