End of a trend?

14 มิ.ย. 2023

GBPUSD is trending upwards, but an AB=CD pattern could mark the end of the uptrend. The PRZ coincides with the LQP 1.275 and could serve as a resistance level for the pair. Price could play around this zone and go through to 1.275, or the resistance may be too much and cause a price reversal. Look out for extension patterns as the trend reaches its end.

15 มิ.ย. 2023

บันทึก

Price has excelled past the PRZ straight into the LQP with some overspill.