GBPUSD break support trend line SHORT ?
GBPUSD break green support trend line. Current testing EMA 21. GBPUSD was formed correction structure.
Still Uptrend price action above EMA 50,100 and 200 periods.3:0 Risk Reward plan retest EMA 100 at 1.25905 price level.
Volume: bearish/red volume increased.
Indicators: Bearish MACD crossover above zero line, going to break zero line, RSI above 50 points. First sign of correction.
S/R: Support at 1.2899 EMA 21, Major support 1.26$, Resistance at 1.3 psychology, Major Resistance 1.30125.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Still Uptrend price action above EMA 50,100 and 200 periods.3:0 Risk Reward plan retest EMA 100 at 1.25905 price level.
Volume: bearish/red volume increased.
Indicators: Bearish MACD crossover above zero line, going to break zero line, RSI above 50 points. First sign of correction.
S/R: Support at 1.2899 EMA 21, Major support 1.26$, Resistance at 1.3 psychology, Major Resistance 1.30125.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.