๐ท๐ต GBP/USD Time for a Correction?
๐ท๐ต Nearest strong support zone: around the fibo 0.236 level of the downward wave.
๐ท๐ต Nearest strong resistance zone: around the fibo level of 1.618 of the downtrend wave.
๐ท๐ต Technical environment:
๐ Moving averages: Uptrend
๐ MACD: Downtrend (divergence)
๐ RSI: Downtrend (divergence)
๐ The scenario I am playing out is the start of a downward correction. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In the event of a change in perspective, I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.
๐ If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile ๐
๐ท๐ต Nearest strong support zone: around the fibo 0.236 level of the downward wave.
๐ท๐ต Nearest strong resistance zone: around the fibo level of 1.618 of the downtrend wave.
๐ท๐ต Technical environment:
๐ Moving averages: Uptrend
๐ MACD: Downtrend (divergence)
๐ RSI: Downtrend (divergence)
๐ The scenario I am playing out is the start of a downward correction. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In the event of a change in perspective, I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.
๐ If you appreciate my work and effort put into this post, I encourage you to leave a like and follow on my profile ๐
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๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ www.t.me/Investmatez ๐ฒ
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