GBP/USD - expect a move down ,4H -20.09.20
->In this analysis I looked at the currency pair GBP / USD, the analysis comes from a 4 hour chart. As we can see in the chart, a pattern falling wedge was created. The price bounced off the support (1.30030) and I expect a downward movement to price points 1.27735 (TP1) and 1.26710 (TP2). Entry into the position is the current price.
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->If the price changes upwards and breaks the resistance (R - 1.30030) and exits out of the channel, this trade does not apply.
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(Sell)
Entry = Current price
TP 1 = 1.27735
TP 2 = 1.26710
SL = 1.31885
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->If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like.
===
-This is not financial advice.
Trade safe!
===
->If the price changes upwards and breaks the resistance (R - 1.30030) and exits out of the channel, this trade does not apply.
===
(Sell)
Entry = Current price
TP 1 = 1.27735
TP 2 = 1.26710
SL = 1.31885
===
->If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like.
===
-This is not financial advice.
Trade safe!
Comment:
-> TP1 Hitted !
Comment:
->TP2 Hitted !