The market is obviously in a bearish trend.
GBPUSD
broke through the range zone and made a new low. The price moved sideways, forming the range zone. I think the market might pull back right into the range zone and move downward. The market has reacted to this level before. I expect the price to go to the support level if the market makes a fake break of the resistance zone, like a long-tailed bar or double top. My goal is the support level at 1.23000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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