"Top and Bottom Analysis" GBP/USD by ThinkingAnts
4H CHART EXPLANATION:
- Price bounced on a Daily Resistance Zone, and then broke an Ascending Trendline.
Now we are waiting for a bearish movement below the Support Zone at 1.29600 level towards 1.24800 being careful of the middle Support Zone at 1.27600.
If price move as expected we will be looking for Short Setups on the area.
Updates coming soon!
MULTI TIMEFRAME VISION
-Weekly:
-Daily:
- Price bounced on a Daily Resistance Zone, and then broke an Ascending Trendline.
Now we are waiting for a bearish movement below the Support Zone at 1.29600 level towards 1.24800 being careful of the middle Support Zone at 1.27600.
If price move as expected we will be looking for Short Setups on the area.
Updates coming soon!
MULTI TIMEFRAME VISION
-Weekly:
-Daily: