Nov 9 2015: BEARISH GBPUSD DAILY:Price break and close below support
(Analysis Based on DAILY chart)
Observations
1. Price near the bottom of short term down channel
2. Long term up channel (now broken)
2. RSI oversold
NOTE: Wait for price action to confirm the importance of this level.
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(Analysis Based on DAILY chart)
Observations
1. Price near the bottom of short term down channel
2. Long term up channel (now broken)
2. RSI oversold
NOTE: Wait for price action to confirm the importance of this level.
If you find this information useful. Please hit the LIKE button.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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.