[GBPUSD] NEW LOW, OH NO!!
Indication of a down trend for 1H 4H and 1D
Daily:
1/ Respect parallel channel
2/ RSI Divergence
3/ Daily and 1 Hour: Hits and respects the 0.382 Fib level
My concerns:
New low since as far as 2002. Not sure where it's going to go from here
Considering a safe TP and the next minor S/R
as always, any ideas are welcome in the comments
Daily:
1/ Respect parallel channel
2/ RSI Divergence
3/ Daily and 1 Hour: Hits and respects the 0.382 Fib level
My concerns:
New low since as far as 2002. Not sure where it's going to go from here
Considering a safe TP and the next minor S/R
as always, any ideas are welcome in the comments
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