Paun British / Dolar A.S.Telah dikemas kini GBPUSD - Short setup
Will the bouncing continue?
We see a clearly defined, triangle-narrowing movement on this pair as we're respecting both structure and trendlines more and more lately. We're heading into a triangle, and price-action seems pretty determined.
IF it continues we could pick up some profit on the way. It might aswell be a trap, with a break to the upside.
I chose to enter, because of above, and we also see a double top, respecting the trendline, and we ALMOST see a 2618 in the 15 minute chart (bearish candle did not close below the lowest low of the V point between the double top) I did however initially base this setup on the hourly.
Risk to reward is good enough for me. No matter the outcome, it will be interesting to follow - will this pair stay determined on its bouncy narrowing route?
We see a clearly defined, triangle-narrowing movement on this pair as we're respecting both structure and trendlines more and more lately. We're heading into a triangle, and price-action seems pretty determined.
IF it continues we could pick up some profit on the way. It might aswell be a trap, with a break to the upside.
I chose to enter, because of above, and we also see a double top, respecting the trendline, and we ALMOST see a 2618 in the 15 minute chart (bearish candle did not close below the lowest low of the V point between the double top) I did however initially base this setup on the hourly.
Risk to reward is good enough for me. No matter the outcome, it will be interesting to follow - will this pair stay determined on its bouncy narrowing route?
Dagangan ditutup: sasaran tercapai
Bat pattern is now completing, seen best on the hourly
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.
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.