GBPUSD PART 2 PIP RUN
Hey people!
if you haven't seen part 1 to my analysis click on my profile!
Price now in Zone A (Previous demand/supply zone). We need to see a break out of this consolidation before entry into a potential buy!
Looking for a break of this zone and then a pull back before entry to the upside.
Day timeframe shows a great rejection from the 21EMA indicating bulls are still in control.
The market moves in any direction so this could become a sell also! But unlikely due to momentum of uptrend on all higher time frames.
happy trading!
Additional confirmations to look out for:
RSI indictor (above 50)
Momentum candles.
Doji's.
EMA'S
Potential news
if you haven't seen part 1 to my analysis click on my profile!
Price now in Zone A (Previous demand/supply zone). We need to see a break out of this consolidation before entry into a potential buy!
Looking for a break of this zone and then a pull back before entry to the upside.
Day timeframe shows a great rejection from the 21EMA indicating bulls are still in control.
The market moves in any direction so this could become a sell also! But unlikely due to momentum of uptrend on all higher time frames.
happy trading!
Additional confirmations to look out for:
RSI indictor (above 50)
Momentum candles.
Doji's.
EMA'S
Potential news
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.