Here is a daily chart on GBP/USD. I feel like this is the least I can do, after price unexpectedly met resistance and failed to break through the 0.382 level while printing a strong bearish candlestick.
Do I know for a fact that prices are going to be dropping from here?
No I don't. There is no way of knowing, it is simply up to the trader to determine how much risk one is willing to pay to find out if it works out or not.
Good luck to everyone trading GBP/USD !
Do I know for a fact that prices are going to be dropping from here?
No I don't. There is no way of knowing, it is simply up to the trader to determine how much risk one is willing to pay to find out if it works out or not.
Good luck to everyone trading GBP/USD !
0.50 time retracement (BC)
0.786 price projection (ABC)