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Yesterday, the GBP/USD pair retested the significant resistance zone of WCZ 1/2 1.3790-1.3773. This led to a decline and retention of the market maker's level.
The formation of the reversal pattern is not yet fully done, but the price holding at one level for the previous five days indicates the presence of a large number of limit orders to sell the instrument. Our task is to adapt to the reversal pattern if it develops. It is important that today's closing occurs below the Weekly Control Zone 1/4 1.3721-1.3713.
The upper border of the flat has already been defined, which continues to determine the size of the downward movement. In order for our sales to go into the bearish impulse phase, it is necessary to hold the market maker's zone and consolidate below last week's low.
Any movement that will contradict the plan should not be terminated. To cancel the downward pattern, it will be necessary to close today's trading above the level of 1.3790.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
