Ladies and gentlemen,
Overall :
After a breakdown of the yearly range in 2016, GBPUSD is now in a bear market. But recently GBPUSD had finally breakout his triangle. Now what ?
Trade :
The price is currently overvalued, topping on a Daily 9. It should retrace to the area of the breakout and at this time, if it finds support, a (short to mid-term) bullish trade will be confirm. On Daily a nice double bottom is trying to form and this triangle on 4h could help it to realize.
Type of trade : Continuation (consolidation).
Time-frame : 4h (short-term trade).
Tell me which asset you would love me to chart !
Please comment, like, share and follow me to receive my new charts everyday !
DISCLAIMER : I'm not a financial advisor. I can't be responsible for your losses. You trade at your own risk.
Overall :
After a breakdown of the yearly range in 2016, GBPUSD is now in a bear market. But recently GBPUSD had finally breakout his triangle. Now what ?
Trade :
The price is currently overvalued, topping on a Daily 9. It should retrace to the area of the breakout and at this time, if it finds support, a (short to mid-term) bullish trade will be confirm. On Daily a nice double bottom is trying to form and this triangle on 4h could help it to realize.
Type of trade : Continuation (consolidation).
Time-frame : 4h (short-term trade).
Tell me which asset you would love me to chart !
Please comment, like, share and follow me to receive my new charts everyday !
DISCLAIMER : I'm not a financial advisor. I can't be responsible for your losses. You trade at your own risk.
Nota
We made a significant pullback and now price is growing again to complete the wave 5 !Nota
Price is on the support now as expected (timeframe is little wrong), price should rebound to complete wave 5.Nota
For now the trade is working perfectly !Dagangan ditutup secara manual
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.