swissmoneymakers

GBPUSD - After Breakout - Double Top expected

Largo
FX:GBPUSD   Libra esterlina/Dólar estadounidense
Hi Traders!
The market was moving in a opening triangle.
The trendline was moving up.
Then it broke out last night to the next level at 1.35000.
After that it made a pullback.
Now the market could get some power and break out the trendline,
at least to the next level, to continue the trend.
We recommend to buy the breakout towards the next resistance.
The reason is that the market could form a double top formation in the next step,
if it fails to make a higher high.

Thanks and good luck :)!

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.