Hello Traders,
As we are drawing closer to the EU referendum, and a potential BREXIT I would like to post my bias.
We have an abundance of confluence supporting a continuation of the overall bearish trend of the GBPUSD.
We have the 200 EMA acting as resistance, which has held after being tested on a number of occasions.
We are currently at a resistance zone around 1.46840.
We have bearish divergence on RSI supporting a move down.
We have a bearish flag pattern indicating a possible move down.
Can we close today with a shooting star candlestick pattern? This typically indicates a reversal, thus supporting a move down.
Please note that I will not necessarily trade this.
Feel free to follow, like, share and comment.
Instagram: KashMarkets
As we are drawing closer to the EU referendum, and a potential BREXIT I would like to post my bias.
We have an abundance of confluence supporting a continuation of the overall bearish trend of the GBPUSD.
We have the 200 EMA acting as resistance, which has held after being tested on a number of occasions.
We are currently at a resistance zone around 1.46840.
We have bearish divergence on RSI supporting a move down.
We have a bearish flag pattern indicating a possible move down.
Can we close today with a shooting star candlestick pattern? This typically indicates a reversal, thus supporting a move down.
Please note that I will not necessarily trade this.
Feel free to follow, like, share and comment.
Instagram: KashMarkets
Nota
Price made a sharp move down !
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.