GBP USD TA part 1 from the 4 parts. Overview of 1D chart and establishing key S/R levels. Also , we are stepping back a few steps and overviewing whole trend picture and direction .
Please to pay some attention to EMAs and you gonna come to clear conclusion regarding Trend… We’ve got a general picture over here and we are heading to the part 3- 4H charts for the further TA.
Can you see bouncing back from the key S/R levels? Penetrated 100/200 EMAs? Direction of trend clearly down… In the past same levels played as key levels for reverse of trend as well.Share your TA and thoughts as well please!
Please to pay some attention to EMAs and you gonna come to clear conclusion regarding Trend… We’ve got a general picture over here and we are heading to the part 3- 4H charts for the further TA.
Can you see bouncing back from the key S/R levels? Penetrated 100/200 EMAs? Direction of trend clearly down… In the past same levels played as key levels for reverse of trend as well.Share your TA and thoughts as well please!
