FOLLOWING DOLLAR INDEX (DXY) MONTHLY ANAYLSIS..
GBPUSD INMINENT SELL OFF
PRICE COME BACK FOR FIRST TIME (HIGH PROBABILITY) TO A SUPPLY ZONE GENERATED PREVIOUSLY AFTER TOUCHING ABOVE SUPPLY ZONE.
I SUGGEST TO OPEN SELL POSITIONS:
- SL 1.26850 - 1.26900 (Above Supply zone)
- TP 1: 1.18 (closing internal bearish cycle)
- TP 2: 1.07 (closing external bearish cycle)
GBPUSD INMINENT SELL OFF
PRICE COME BACK FOR FIRST TIME (HIGH PROBABILITY) TO A SUPPLY ZONE GENERATED PREVIOUSLY AFTER TOUCHING ABOVE SUPPLY ZONE.
I SUGGEST TO OPEN SELL POSITIONS:
- SL 1.26850 - 1.26900 (Above Supply zone)
- TP 1: 1.18 (closing internal bearish cycle)
- TP 2: 1.07 (closing external bearish cycle)
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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.