GBP/USD Price Action / Cup & Handle OPPORTUNITY!!
Updated
Hello Everyone,
#GBPUSD, trend is down. If we get good signals (such as breaking SL then LL/LC) with regards current trend continuation, there is good opportunity to see Cup & Handle Formation. Then, taking care of Fibonacci extension and support/resistance levels, good opportunities may shown up.
Please note that the ideas are not a recommendation for trading
!Good Luck!
#GBPUSD, trend is down. If we get good signals (such as breaking SL then LL/LC) with regards current trend continuation, there is good opportunity to see Cup & Handle Formation. Then, taking care of Fibonacci extension and support/resistance levels, good opportunities may shown up.
Please note that the ideas are not a recommendation for trading
!Good Luck!
Comment
Comment
Hello Everyone, You can see the update on the chart. Bullish Bat opportunity, support our Scenarios. If Bat pattern completed, 38,2 Fib.Retracement and SL transition point can be work well then trand continue to the down side in order to finish cup&handle formation!! Please note that it is not a recommendation for trading.
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