04/08/2019 Forecast GBPUSD on Daily
MN W Daily: Downtrend. MN: Spinning top with confirmation on MN. Supply zone of MN W and Daily are nearly was accumulated.
We can wait the price moving to hit Supply zone of Daily and the channel, when the fibonacci moving between 61.8 and 86 until we have a reversal signal so we can consider shorting.
By the way this analysis plan is a midterm. So we need to calculate before make an order, and do not forget the risk management.
This analysis using MTF, Fibo, SDZ, PA and channel.
Hope you like this.
We can wait the price moving to hit Supply zone of Daily and the channel, when the fibonacci moving between 61.8 and 86 until we have a reversal signal so we can consider shorting.
By the way this analysis plan is a midterm. So we need to calculate before make an order, and do not forget the risk management.
This analysis using MTF, Fibo, SDZ, PA and channel.
Hope you like this.