GBPUSD major resistance and support zone for next few days .
As we can see important support and resistance zone mentioned on chart with
Red lines : resistances ahead
Green lines :supports ahead
now we have some kind of Symmetrical triangle that formed and we had breakout to upside so we may have rise after this breakout and for retest we can look for support around 1.3860 and start of rise from that area too.
Targets of Bullish scenario :
A.1.3950
B.1.4000
Notice :if price fall hard and break support zone then red path is expected
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
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Red lines : resistances ahead
Green lines :supports ahead
now we have some kind of Symmetrical triangle that formed and we had breakout to upside so we may have rise after this breakout and for retest we can look for support around 1.3860 and start of rise from that area too.
Targets of Bullish scenario :
A.1.3950
B.1.4000
Notice :if price fall hard and break support zone then red path is expected
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
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check pinned message in telegram for more information.
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