USD Marked By Critical S&R Trend Lines

Discussion in 'Technical Analysis' started by Kaitlin, Dec 22, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,880
    Likes Received:
    0
    The GBP/USD broke the support trend line (dotted green) but price action has been corrective after the break. If price does not manage to break below the 61.8% target with a good impulse, then the wave 4 (green) could become expanded with a bigger correction.[​IMG]

    Continue reading...
     

Share This Page

free forex signals