GBPUSD Short Trade *FIBONACCI & TRENDLINE*
Aktualisiert
GBPUSD has now reached the defending trendline on the 1hr/4hr lower highs.
I have a Fibonacci Retracement cluster in this zone with the 0.618 and 0.786 levels providing a good potential resistance. There is also the descending trendline here and previous support zone.
Stop loss is 45pips above the current highs.
I am targeting previous lows for profit taking but I will pay attention to the zone around 1.31. There is an ascending TL here and price has previously bounced around that zone.
I have a Fibonacci Retracement cluster in this zone with the 0.618 and 0.786 levels providing a good potential resistance. There is also the descending trendline here and previous support zone.
Stop loss is 45pips above the current highs.
I am targeting previous lows for profit taking but I will pay attention to the zone around 1.31. There is an ascending TL here and price has previously bounced around that zone.
Trade ist aktiv
Anmerkung
Very choppy but resistance at 1.32420 is still holding strong.Anmerkung
Recent support levels broken... next target is 1.30Trade geschlossen: Ziel wurde erreicht
Haftungsausschluss
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