GBPUSD > Possible Sell Scenario!
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Analysis up on #GBPUSD
Hello friends.
The market currently reaching a very strong structure resistance level, it is the recent 11 month high, which the market dropped more than 560 pips, I expect a rotation at this level., break above the recent high, we won't be able to catch the pound as it will go to 1.500
if the market reaches the resistance zone I will look for a rotation pattern, if you notice we have also ABCD pattern completed at the current level to get in sell trade taking two targets.
Safe trading everyone
Check today analysis below⠀
>> “Time is your friend; impulse is your enemy.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Analysis up on #GBPUSD
Hello friends.
The market currently reaching a very strong structure resistance level, it is the recent 11 month high, which the market dropped more than 560 pips, I expect a rotation at this level., break above the recent high, we won't be able to catch the pound as it will go to 1.500
if the market reaches the resistance zone I will look for a rotation pattern, if you notice we have also ABCD pattern completed at the current level to get in sell trade taking two targets.
Safe trading everyone
Check today analysis below⠀
>> “Time is your friend; impulse is your enemy.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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