OANDA:GBPUSD   جنيه إسترليني / دولار أمريكي

Hello everyone:

Also on my watch for remaining of the week is GBPUSD.

From previous bearish setups, price implosively push down aggressively,

After hitting a higher time frame swing lows, there signs of bearish momentum slowing down.

A potential double bottoms on the higher time frame, with a falling wedge bulllish reversal, that leads to a LTF impulse phase.

These are all good indication of the bullish price action in the making.

Lastly we see a possible bullish continuation correction formed, possible inverse H and S pattern.

Wait for price to impulse out, and smaller continuation corrections to confirm and validate the buy potential.

Thank you

I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
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.