GBP/USD Analysis
technically as we can see there are Three scenarios
first, the price at a supply zone so it may go directly down to the blue trend line
the second scenario, the price may go up touching the red line first then going down to the blue trend line < at least >
OR and (I think) that maybe happen
the third scenario,
it will go up breaking the red trend line confirming the cup & Handel pattern then it will continue going up to the next supply zone ( 1.34715 & 1.36900 )
Please, guys, be careful and choose your entry and exit point carefully
For any updates just follow me and press like button for more reach
Share with me your thoughts let's learn from each other
first, the price at a supply zone so it may go directly down to the blue trend line
the second scenario, the price may go up touching the red line first then going down to the blue trend line < at least >
OR and (I think) that maybe happen
the third scenario,
it will go up breaking the red trend line confirming the cup & Handel pattern then it will continue going up to the next supply zone ( 1.34715 & 1.36900 )
Please, guys, be careful and choose your entry and exit point carefully
For any updates just follow me and press like button for more reach
Share with me your thoughts let's learn from each other
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