Welcome back, friends. Another exciting trading week ahead of us.
Let's take a look at the GBPUSD. The pair is trading in the falling channel, and has broken both the horizontal support, turned resistance, and the diagonal support line too.
We are now witnessing the retracement up to retest the mirror level+ the channel resistance.
Therefore, IF the price reached the level that is shown on the chart>>short.
SL is in the area where both resistance lines will be considered successfully broken.
Take is slightly above the last downward leg.
Thank you for reading, like and subscribe, and have a nice day.
We are now witnessing the retracement up to retest the mirror level+ the channel resistance.
Therefore, IF the price reached the level that is shown on the chart>>short.
SL is in the area where both resistance lines will be considered successfully broken.
Take is slightly above the last downward leg.
Thank you for reading, like and subscribe, and have a nice day.
Comment:
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Comment:
Target 1 reached
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