daily resistance ( orange line )
weekly resistance ( redline )
bearish momentum on gbpusd still going strong
i would wait for the 1.32 area for a long trade
what i want to see is a bullish candle engulfing or a doji implying that the bearish move is exhausted and also divergence would give me more indication of a reversal move upward
weekly resistance ( redline )
bearish momentum on gbpusd still going strong
i would wait for the 1.32 area for a long trade
what i want to see is a bullish candle engulfing or a doji implying that the bearish move is exhausted and also divergence would give me more indication of a reversal move upward