In the above analysis: I'm showing the both scenario may happen on GBPUSD pair with the help of simple SUPPORT/RESISTANCE.
GBPUSD is on a sideways from last 15 day at range of 1.42340 to 1.40990. So the analysis says: if it'll break this resistance(1.42340) then we will see a new high on GBPUSD after 3 years of downtrend or if it fail to...
BNB recently respected its old support at 227 & get a nice bounce from there so if it goes in this same direction then the next targets will be:
If can't hold it upward move & fall below 227 support then we will see it's in a new DIP.
So, take advantage of both scenarios as per your strategy & capital.
Currently, BTC stays on its strong support at $45,000, if break from here:
BELOW: possible target will be $29,500
ABOVE: possible target will be $64,200n
So, now wait for the market move>>>>> USE 2 R/R ratio & 2% risk per trade
GBPUSD recently broke its multiple rejection RESISTANCE at 1.4000 & drastically go up. Another side's already in an UPTREND for the last few months so, Price action analysis says it's a good time to buy/long GBPUSD as a SWING TRADE.
Remember: Close 50% trade at take-profit:1 & move Stoploss at Breakeven. There is resistance at Take-profit:2 so if we use this...