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MMBTtrader
26 Feb 2021 pukul 09.05

GBPUSD need to take decision falling more or take support ?Β 

British Pound/U.S. DollarFXCM

Huraian

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previous bearish analysis about GU was perfect and boom targets hit :


and here we are on important zone that here is detail:
Red path :falling can continue easily and after breaking trendline we would wait for retest and add more sell position and targets are
1. 1.3850
2. 1.3740
Green path :this strong movement that start can easily continue too but major resistance(weekly) wait for it 1.4300 and targets are
first target : 1.4036
second target: 1.4086

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>

this time share your idea about it and lets discuss about it (my opinion is Red path (60% sure ) for now and I see GU really bearish but we can expect some more bull candle before falling Green path as you can see )
Komen
InkyGrip
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interesting, lets see how the market develops. 🦐
MMBTtrader
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@plancton0618, thanks and yup 🦐🦐
ProjectSyndicate
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excellent risk:reward in this trade
MMBTtrader
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@ProjectSyndicate, thanks πŸ’šβœ”
jojofang0901
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Fall more with bearish continuation seems legit thx
MMBTtrader
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@jojofang0901, thanks a lot
FieryTrading
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Very interestingπŸ”₯
MMBTtrader
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@FieryTrading, thanks a lot πŸ”₯πŸ”₯πŸ”₯
TheTradersAvenue
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thanks for sharing! here's what I see GBPUSD:
MMBTtrader
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@TradingAxis, well done great one thanks for sharing with us mate
Lebih