DariusFxTrading

GBPUSD big short - WHY? - Supply Demand, Fib Level

بيع
FOREXCOM:GBPUSD   جنيه إسترليني / دولار أمريكي
On GBPUSD I see a nice short possibility. The price is currently at the daily Supply Zone. This area is also a strong level of monthly Resistance. Definitely an area for the market to give us a bigger retracement.

As we all know the GBPUSD is super bullish. It started a nice Impulsive / Correction pattern from the monthly Support. Right now the market is creating the next continuation movements - the next impulsive. The thing is that we are at that monthly Resistance + daily + weekly Supply Zone. From here we can definitely expect a Retracement. I see it going to to the 0.5 Fib Level because we got good structure there.

Another potential returning point is the h4 Demand Zone.

After this overall bearish movements I expect the continuation to the upside. Target 1.4000

What do you think ?

✔️ Inner Circle ⭕️
linktr.ee/dariusfx

✔️Instagram: instagram.com/dariusfxtrading

✔️ Telegram(german): t.me/dariusfxtrading

✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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.