GBP/USD on the 1-hour timeframe, here’s a breakdown of the target points indicated:
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📍 Target Points (as marked on the chart):
1. First Target Point: Around 1.35200
2. Second Target Point: Around 1.36200
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🧠 Analysis Notes (based on My setup):
Im used Ichimoku Cloud and a trendline breakout, which suggests a bullish reversal.
The price has broken out above a descending trendline and is possibly targeting the top of the cloud and further if momentum sustains.
The two target points represent:
First resistance level (likely top of the Ichimoku cloud).
Second resistance level (recent high before the downtrend began).
---
📌 Summary:
Immediate target: 1.35200
Next potential target: 1.36200
Let me know if you want stop-loss suggestions or a risk-reward analysis.
---
📍 Target Points (as marked on the chart):
1. First Target Point: Around 1.35200
2. Second Target Point: Around 1.36200
---
🧠 Analysis Notes (based on My setup):
Im used Ichimoku Cloud and a trendline breakout, which suggests a bullish reversal.
The price has broken out above a descending trendline and is possibly targeting the top of the cloud and further if momentum sustains.
The two target points represent:
First resistance level (likely top of the Ichimoku cloud).
Second resistance level (recent high before the downtrend began).
---
📌 Summary:
Immediate target: 1.35200
Next potential target: 1.36200
Let me know if you want stop-loss suggestions or a risk-reward analysis.
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t.me/RSI_Trading_Point4
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.
t.me/RSI_Trading_Point4
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Related publications
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.