Here on the GBPUSD, we can see how the market has created an "M" formation. In general, after an "M" pattern is formed, we expect the market to provided a push to upside to literally complete the pattern, turning broken support into resistance. At this point we will be looking in to find a nice short entry to the downside with a good Risk-to-Reward Ratio.
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Thanks and Good luck.
Pls like, comment and follow for more analyses and educational contents.