POSSIBLE TRADE FOR UPCOMING WEEK - LONG - GBPUSD - 1 HOUR CHART
SEE PICS BELOW FOR FULL VIEW!
DAILY CHART
- price currently at a daily level of structure 1.27695
- 1.27695 level tested as S/R multiple times looking left
- double bottom formed?
https://www.tradingview.com/x/6VugxXGG/
4 HOUR CHART
- price closed above previous lower low
- possible double bottom forming on 4 hour chart
- 1.27695 level held when price tried to break through it
https://www.tradingview.com/x/k7lL1ovw/
1 HOUR CHART
- price broken previous structure (indicating a move up?)
- 61.8 fib level lines up with current price level (entry point?)
- broken previous lower low
https://www.tradingview.com/x/WYPYTQoG/
TARGET
- TP 1.30300
DAILY CHART
- price currently at a daily level of structure 1.27695
- 1.27695 level tested as S/R multiple times looking left
- double bottom formed?
https://www.tradingview.com/x/6VugxXGG/
4 HOUR CHART
- price closed above previous lower low
- possible double bottom forming on 4 hour chart
- 1.27695 level held when price tried to break through it
https://www.tradingview.com/x/k7lL1ovw/
1 HOUR CHART
- price broken previous structure (indicating a move up?)
- 61.8 fib level lines up with current price level (entry point?)
- broken previous lower low
https://www.tradingview.com/x/WYPYTQoG/
TARGET
- TP 1.30300
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.
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.