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simple analysis of break and retest. wait for the retest and conformation to SELL before you take position
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this is a zoomed view of my last idea posted on GU. NOTE candle 1: Hammer candle 2: Full bodied bull candle 1&2: Bullish Engulfing
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using H&S, Channels, Trendlines, Support and resistance
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determing the next TP levels for GBPUSD using trendlines, channels, support and resistance
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Trendlines, support and resistance are the main criteria for this analysis
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trendlines are basis of this analysis however one should consider other criteria to enable them be more precise in their position
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