Gbpananalysis
Massive Down Trend !!In this Chart we are seeing a very weak Trend *weak = down movement* it all started from there 3 little up bars
look at their volumes, very low, and every up bar with low volume it means lack of demand.
no look at No Demand 2 it tried to test the Demand, the result was no demand! it's very good signal of the down trend.
so we have 3 targets, and each target the prise will take a break to test the demand, if we found high volume on the up bars it could be an alert to exit the short trade,
however, the Resistance 2 it's diffecult to predict if the price will reach this level, because we have the channel down line, and another resistance line, maybe the candle or the bar will have a very long tail then maybe it will close away from the buttom then it will be a signal to continue rising!
It is just your personal desicion if you win or lose, be careful and follow your own Strategy and System!
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GBP Technically Bullish up idea , Remember it`s technical idea Note and Remember this idea is technical not fundamentally ,
According to Techincal , It`s down move 3000 pips and make flag pattern and then it`s down 3000 pips also reached and now flag pattern complete , Now time gbp going up ,,,,,
Another 1.618 Extension tradeIm in now half from 1.6665 and next half waited pinbar pullback ~1.6630 if it move here
SL 1.6580 or 1.6565 I dont know now I will see the PA
