Support - S1 : 1.4193 | S2 : 1.4119 | S3 : 1.4035
Resistance - R1 : 1.4352 | R2 : 1.4436 | R3 : 1.4510
Main Trend - Bearish
Intraday Trend - Bullish
Studying the 4H chart of forex technical analysis for the exchange rate GBPUSD we observe the price move within the lower channel of Andrew's Pitchfork. The upward reaction finds resistant from EMA(50). The reaction reaches 23.6% Fibonacci Retracement. EMA(50) and EMA(200) remain with a downward cross.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
Read more �
Resistance - R1 : 1.4352 | R2 : 1.4436 | R3 : 1.4510
Main Trend - Bearish
Intraday Trend - Bullish
Studying the 4H chart of forex technical analysis for the exchange rate GBPUSD we observe the price move within the lower channel of Andrew's Pitchfork. The upward reaction finds resistant from EMA(50). The reaction reaches 23.6% Fibonacci Retracement. EMA(50) and EMA(200) remain with a downward cross.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
No comments:
Post a Comment