Hello Traders, please check out my previous ideas. This is my first analysis on GBPUSD daily. If the Pound stabilizes above the yellow zone (crossing the weekly Bollinger midline), the price can climb up to the 1.30 level. In the opposite scenario, if the price does not follow the conditions of the previous scenario, the price can fall to around 1.2626.
โ๐ฅIf you are satisfied with my analytical content, please share my ideas๐ฅโ โ๐ฑโ๐คOtherwise, make sure you leave comments and let me know what you think.๐ฑโ๐คโ ๐ค๐พThank you for your support. I hope you will gain profit by following my analyses.๐พ๐ค CrazySโ
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โ๐ฅFrom now on, I intend to explain the analyzes that achieve their targets in more detail in the comment section.โ๐ฅ In this analysis, as the direction of the arrow and its location have been determined, the price has moved down again after breaking the yellow zone and making a pullback. After the zone broke again, I opened a short position. The price fell to the specified range and the TP was fully realized.