Hello trading view family I have come with GBP/USD setup in analysis chart, what are your opinions about it share it in comment section.
More details are given below read them..
1. Resistance Zone: Highlighted in red near the 1.23500 price level, with red arrows indicating potential selling pressure if the price approaches this zone.
2. Support Levels:
Support Level 1: Marked in green near the 1.21700 price level, indicating a zone where buyers might step in.
Support Level 2: Located lower, near the 1.20660 price level, suggesting another possible area of strong buying interest.
3. Current Price: The live price is displayed at 1.21996, with a slight upward movement (+0.02%).
4. Potential Price Movements: Arrows on the chart indicate possible upward bounces from the support levels, heading toward the resistance zone.
5. Candlestick Patterns: The chart is composed of candlesticks, representing price action over 4-hour intervals.
This analysis outlines areas of interest for traders, focusing on key price zones where reactions might occur.
Key levels:
Support levels: 1.21700 and 1.20660
Resistance: 1.23500
Target is 1.23200
Kindly support me like comment and share.
More details are given below read them..
1. Resistance Zone: Highlighted in red near the 1.23500 price level, with red arrows indicating potential selling pressure if the price approaches this zone.
2. Support Levels:
Support Level 1: Marked in green near the 1.21700 price level, indicating a zone where buyers might step in.
Support Level 2: Located lower, near the 1.20660 price level, suggesting another possible area of strong buying interest.
3. Current Price: The live price is displayed at 1.21996, with a slight upward movement (+0.02%).
4. Potential Price Movements: Arrows on the chart indicate possible upward bounces from the support levels, heading toward the resistance zone.
5. Candlestick Patterns: The chart is composed of candlesticks, representing price action over 4-hour intervals.
This analysis outlines areas of interest for traders, focusing on key price zones where reactions might occur.
Key levels:
Support levels: 1.21700 and 1.20660
Resistance: 1.23500
Target is 1.23200
Kindly support me like comment and share.
Nota
It has reached the support it will get up from here
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join our Channel For More Info
t.me/+wiU4aBS6VKEzZWNk
Our Contact t.me/Jacks_998
t.me/+wiU4aBS6VKEzZWNk
Our Contact t.me/Jacks_998
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.