tradingrange

RizeSenpai

We seem to be breaking out of a bearflag here target at 21 dollars near the bottom of the trading range.

RizeSenpai

If we can break the highs of the last few days we could probably see it push up to atleast $145

Shivam_93

- RSI bearish divergence on the H4. - Rejected major resistance level around 1.174 on the H1. - On the daily timeframe, the fibonacci level of 38.2 has been fulfilled at this key level of 1.1740 which if holds up could imply that the retracement has finished or halted for the time being. - Could see price action consolidate within the previous trading range...

Lorenzo_Esco_Al_Bar

It appears that a solid bull trend is forming on GBP/USD, ending the trending renge between the 1.33 and the 1.30 area started in October. The brakeout of the 1.33 area will be the signal for the buy. Then the next two resistance will be at 1.346 and 1.362.