GBPUSD: testing bearish correction pressure from the higher time

6 days ago

* Trend: assessed using at least three trend indicators, with market structure as the primary guide.
** Weak or Reversal Signals: Assessed based on one of our criteria for trend reversal signals.
*** Support/Resistance: Selected from multiple factors – static (Swing High, Swing Low, etc.), dynamic (EMA, MA, etc.), psychological (Fibonacci, RSI, etc.) – and determined based on the trader’s discretion.
**** Our advice takes into account all factors, including both fundamental and technical analysis. It is not intended as a profit target. We hope it can serve as a reference to help you trade more effectively. This advice is for informational purposes only and we assume no responsibility for any trading results based on it.
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George Vann @ ZuperView

5 days ago

Trade active

5 days ago

Trade closed: target reached

Price didn’t reach the resistance zone, but there’s a nice sell setup
Feel free to check out my latest analysis below: