Gpbusd sell analiysis
1. Identify Key Levels
Support Level: Around 1.28000 USD
Resistance Level: Around 1.29000 USD
2. Calculate the Distance
Distance between Support and Resistance:
USD (100 pips)
This means the potential downside move is approximately 100 pips from the support level.
3. Trading Implication
The red arrow suggests that 1.29000 is a strong resistance and price may reject downward.
The blue arrow indicates a possible bearish movement toward 1.28000 support if the resistance holds.
Support Level: Around 1.28000 USD
Resistance Level: Around 1.29000 USD
2. Calculate the Distance
Distance between Support and Resistance:
USD (100 pips)
This means the potential downside move is approximately 100 pips from the support level.
3. Trading Implication
The red arrow suggests that 1.29000 is a strong resistance and price may reject downward.
The blue arrow indicates a possible bearish movement toward 1.28000 support if the resistance holds.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.