جنيه إسترليني / دولار أمريكيتم تحديثه GBPUSD Trade Idea
In yesterday's analysis, I mentioned GU has no clear resistance structure ahead due to the recent violation of the trendline, I then expected GU to re-test either the 1.3705 (0.5fib level) or 1.3717 (0.618fib level) for further continuation towards the downside with 1.3620 support zone as the target, everything went exactly to the plan. In today's trading session, I will be favoring short-term selling opportunities, there are two setups that I am looking at
1. Notice that there's a pivot trendline forming, if it is being respected we could expect some bearish rotation towards 1.3620 (yesterday's low) or even breaching below. (Bearish)
2. If the trendline is breached, we might see some bullish momentum towards 1.3705 yesterday's high. (Bullish)
However, do not forget the overall trend on the higher timeframe remains bullish, I'm only trying to capitalize on the current short-term bearish sentiment in the market.
Trade safe.
Do follow my profile for daily fx forecast & educational content
1. Notice that there's a pivot trendline forming, if it is being respected we could expect some bearish rotation towards 1.3620 (yesterday's low) or even breaching below. (Bearish)
2. If the trendline is breached, we might see some bullish momentum towards 1.3705 yesterday's high. (Bullish)
However, do not forget the overall trend on the higher timeframe remains bullish, I'm only trying to capitalize on the current short-term bearish sentiment in the market.
Trade safe.
Do follow my profile for daily fx forecast & educational content
ملاحظة
Previous analysis
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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.