GBPUSD, 2023-02-21
CBO with trendline support.
-- CBO meets trendline.
-- CBOs require a COC retest entry (5m)
Few things to note:
-- GBP released News that is moving GBP pairs quite a bit.
-- Would have liked the CBO formation to have formed a bit more classically, but the trendline support helps.
-- There is an DBD right above it that.
-- CBO meets trendline.
-- CBOs require a COC retest entry (5m)
Few things to note:
-- GBP released News that is moving GBP pairs quite a bit.
-- Would have liked the CBO formation to have formed a bit more classically, but the trendline support helps.
-- There is an DBD right above it that.
Note
8:12 Continued movement upwards, still valid. -- Change of character point readjusted for the move.
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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.