GBPUSD - Look for Continuation Long (SWING) 1:2!
The price is forming a symmetrical triangle on the higher time frame with strong bullish momentum. This could be boosted by the Consumer Price Index (CPI) USD news once the US market opens.
As we can see, the final wave is almost complete and reaching the top descending line. If this line breaks due to the news, we may see a strong continuation to the next valid Resistance level.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
As we can see, the final wave is almost complete and reaching the top descending line. If this line breaks due to the news, we may see a strong continuation to the next valid Resistance level.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Dagangan aktif
We need to wait for the price to break the nearest resistance and be supported by another confirmation before going long. Trading is a waiting game...Dagangan aktif
100 pips achieved and still climbing! Let's see if the price reaches the next TP.Always protect your capital by moving your SL to BE. Happy trading!
_S.Fx_
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.
_S.Fx_
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.