GBPUSD, 1h timeframe, bullish
After hell-of-a-day, and big volatility, I think we can finally see price is trying to create bottom.
Downward trend line is breached, and if the price holds above it, I think it will fill Bullish OB and slowly try to go back to 1.10.
Maybe I'm wrong, but we will see. This is highly risky set-up since I'm trying to find bottom here. It's like catching a falling knife - you must be really cautious here.
Downward trend line is breached, and if the price holds above it, I think it will fill Bullish OB and slowly try to go back to 1.10.
Maybe I'm wrong, but we will see. This is highly risky set-up since I'm trying to find bottom here. It's like catching a falling knife - you must be really cautious here.
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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.