culturalDog17485
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since Jun 24, 2020
chartpattern
harmonicpatterns
trendanalysis
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GBPUSD has broken the up trend and re-tested. I see it dropping down to a low 1.24120.
4
In my view in an hourly chart I see that the pair has formed a double top pattern around the 1.2667 and could either bounce off the neckline around 1.2576 or even break it to go fetch the low 1.2529 if the butterfly pattern is to go by, but my take would be to also trade carefully on it since the US dollar has recently shown the signs of weakness, the pair could...
4
My thoughts on Nas are, it will continue to trade through the up trend although it seems to consolidate timeousley. In my view, it would be good to trade it looking at it's future progression, wait for it to come close to the lower band of the channel and go Long.
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