"Top and Bottom Analysis" GBP/USD by ThinkingAntsOk
4H CHART EXPLANATION:
In the 4H chart we observe that price started a big bearish movement since it broke the Ascending Trendline. We was expecting a little bounce at the Support Zone but price did not do it and broke down. Now the next Support Level is at 1.26730, so we will wait for a confirmation of the move to take any position.
Updates comming soon!
MULTI TIMEFRAME VISION:
Weeky:
Daily:
In the 4H chart we observe that price started a big bearish movement since it broke the Ascending Trendline. We was expecting a little bounce at the Support Zone but price did not do it and broke down. Now the next Support Level is at 1.26730, so we will wait for a confirmation of the move to take any position.
Updates comming soon!
MULTI TIMEFRAME VISION:
Weeky:
Daily:
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