RLinda

RLinda ! GBPUSD-> Correction formation after a false break

Длинная
FX:GBPUSD   Британский фунт / Доллар США
GBPUSD is in a bearish trend and we can see that the price continues to descend within the descending price channel.
We see a global downtrend channel. The price is testing critical support points - a false breakdown of the trend line, but then the price reacts and forms a local upward correction
A reversal pattern is formed on the chart and the price breaks the resistance of the pattern and goes to test the resistance at 1.17600.

I suppose if the resistance of 1.17600 is strong, because it is worth considering the global trend, then before the test of the channel resistance, we might see a pullback from 1.17600 to the support of 1.16000, after which the growth might resume.

Regards to R.Linda!

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.