Potential Double Top With Fib Confluence

FX:GBPUSD   Pound British/Dolar U.S
As the GBPUSD             pushes higher it enters a potential reversal zone at where price came up and tested not only once but twice giving us a valid double top in that area.
Not only are we testing a structure level which has been tested numerous times before we also have a harmonic move completing up in that same zone. With the RSI going over bought and weakening on the second test creating RSI Divergence building an even stronger case for a potential retracement. As we add in some Fibonacci ratios we can see that not only is there a 1.414 Fib Extension lining up at the double top zone but we also have a 1.618 Fibonacci Inversion lining up tightly against the 1.414 giving us an overall point of confluence to potentially get short.
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar