GBUUSD rebound - ?

Updated

Rebound from the lower boundary of the ascending channel (violet line).
Breakdown of the descending trend line (H4), (orange dashed line).
Rebound from EMA600 (H4).
Let`s see.
Possible scenario on the chart.
Targets on the chart.
Alternative scenario on the chart.
High risk trade!
Thank you for your attention.

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H&S pattern (H1) - ?
Let`s see.
Possible scenario on the chart.
Targets on the chart.

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Possible Alternative scenario - Beraish Flag.
Targets on the chart.

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Min target for Flag 1,2940-46

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1,2740-46

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Target 1 - 1.2969-1,2974

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Target reached (261,8 fib). Maybe rebound. Closed half.

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rising wedge - breakdown?
Potencial targets on the chart.

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Green boxes

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Yellow Flag?

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and Flag Attack

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Partial closure in green boxes.
Tp1 reached TP2 reached

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Maybe Double bottom
Partial close pls

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TP for H&S reached
TP for Flag reached

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Partial closed
Maybe rebound

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GBPUSD Potencial Quasimodo Pattern
Let`s see

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static.minitokyo.net/downloads/03/24/596203.jpg

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If this Megaphone Pattern, maybe breakdown to 1,2890.
From there, it is possible to continue moving towards the upper targets.

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Wait - Quasimodo confirmation?

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TP1 Quasimodo reached

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Quasimodo active)

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and Potencial Flag?
Let`s see

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TP1 reached

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TP2 reached
Maybe rebound

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Two possible scenarios
1.

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TP1 reached TP2 reached

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Fidan

Related publications

GBPUSD Possible scenario

by Fidan

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