GBPUSD long or short - Supply Demand - Top Down
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Monthly:
Overall bullish environment but the market is rejecting strong level of Supply
Weekly:
Bullish environment. The market could go down lower to go for a deeper correction or continue with the bullish run.
Daily:
Also here the same situation + it has rejected the 0.618 Fib Level based on the daily impulsive
Lower Timeframes:
We can spot here a Corrective Pattern for the bearish continuation. Let's see that could also be a fake move to the downside because the market has rejected the 0.618. Therefore we got two options right now
What do you think of this Analysis? Share your opinion of this pair below.
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Monthly:
Overall bullish environment but the market is rejecting strong level of Supply
Weekly:
Bullish environment. The market could go down lower to go for a deeper correction or continue with the bullish run.
Daily:
Also here the same situation + it has rejected the 0.618 Fib Level based on the daily impulsive
Lower Timeframes:
We can spot here a Corrective Pattern for the bearish continuation. Let's see that could also be a fake move to the downside because the market has rejected the 0.618. Therefore we got two options right now
What do you think of this Analysis? Share your opinion of this pair below.
To support the creation of more please leave a LIKE
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