GBPUSD 30-08-2021
GBPUSD
Short Call:
Descending Trend Line meeting with converging trend lines
Formation of Inverted Cup and Handle
With Strong Resistance and Support at 1.37449
Entry level 1: 1.37663 (SL 1.37820,TP 1.37089)
Entry Level 2: 1.37490 (SL 1.37420, TP 1.33985)
Note: Concerned regarding Dow theory formations of Higher Highs and Higher Lows
Short Call:
Descending Trend Line meeting with converging trend lines
Formation of Inverted Cup and Handle
With Strong Resistance and Support at 1.37449
Entry level 1: 1.37663 (SL 1.37820,TP 1.37089)
Entry Level 2: 1.37490 (SL 1.37420, TP 1.33985)
Note: Concerned regarding Dow theory formations of Higher Highs and Higher Lows
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