GBPUSD multi-timeframe analysis
Diupdate
Here we see that Cable has been in a downtrend for a long time
Post corona: it tried to break this but failed
I am seeing a lot of similar scenarios
We had a bust and boom, time for another bust?
Let's walk through the timeframes on this Action - Reaction chart
TRADE AT YOUR OWN RISK
G.R.I. Dec '21
Post corona: it tried to break this but failed
I am seeing a lot of similar scenarios
We had a bust and boom, time for another bust?
Let's walk through the timeframes on this Action - Reaction chart
TRADE AT YOUR OWN RISK
G.R.I. Dec '21
Catatan
Catatan
15 year downtrend, false break out post coronaCatatan
on the weekly we see the drop came with bearish divergence at a key resistance levelplus it would seem price and momentum have yet to bottom
Catatan
on the daily timeframe we see momentum is accelerating to the downside but the rsi is trying to bottom- i favour an initial move up this week followed by the move to the balance point shown on the daily chartCatatan
Catatan
The chart this week will be defined by the outcome of the BOE monetary policy meeting on thursday. On balance I would favour a move up/sideways till then then a run at our 1.27 target
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.