GBPUSD SHORT PROJECTION
Gbpusd short projection with the following confluences
Trend: Price currently making lower lows and lower highs (downtrend)
Level: break of support level now acting as resistance
Fib levels: rejection of price from 50% and 61.8% fib levels
Signal: daily bearish engulfing candle on fib levels
This is more of a swing position.
#lessismore
Trend: Price currently making lower lows and lower highs (downtrend)
Level: break of support level now acting as resistance
Fib levels: rejection of price from 50% and 61.8% fib levels
Signal: daily bearish engulfing candle on fib levels
This is more of a swing position.
#lessismore
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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.
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.