GBPUSD reached strong resistance
last days price broke a trend line and a support level and went under it
now we have a pullback on 4h chart
here on 1.3722 we have a previous trend line and a support level which were broken earlier and shifted to a good resistance that price had reaction to it multiple times
now this bearish trend line , our resistance level and 50 moving average made a pretty good resistance zone for price to fall from after touching it
we have the same trend line and resistance scenario on the RSI
I think it's a good zone for bears
THIS IS JUST AN ANALYSIS...
now we have a pullback on 4h chart
here on 1.3722 we have a previous trend line and a support level which were broken earlier and shifted to a good resistance that price had reaction to it multiple times
now this bearish trend line , our resistance level and 50 moving average made a pretty good resistance zone for price to fall from after touching it
we have the same trend line and resistance scenario on the RSI
I think it's a good zone for bears
THIS IS JUST AN ANALYSIS...
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.