HEY TRADERS:
In this analysis for GBPUSD, we see price approaching the third touch
which has the highest possible reversal, take note two touches is also valid for a setup completion.
my expectation for now i need to see likely a third touch to the double top line
or a bearish impulse reversal (shift in momentum) a break of trendline followed by a bearish continuation correction
thanks for reading
TRADE SAFE AND STAY SAFE USE A PROPER RISK MANAGEMENT
In this analysis for GBPUSD, we see price approaching the third touch
which has the highest possible reversal, take note two touches is also valid for a setup completion.
my expectation for now i need to see likely a third touch to the double top line
or a bearish impulse reversal (shift in momentum) a break of trendline followed by a bearish continuation correction
thanks for reading
TRADE SAFE AND STAY SAFE USE A PROPER RISK MANAGEMENT