GBPUSD bearish pattern
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the price reaches the top of parallel channel, and meanwhile there is a very important resistant zone. you can see this resistant zone from the chart below.
A divergence between the price and MACD is seen at the top of the ascending channel.
Also let's look at 4H time frame:
as you can see the price reaches the top of another channel at 4H time frame.
the price reaches the top of parallel channel, and meanwhile there is a very important resistant zone. you can see this resistant zone from the chart below.
A divergence between the price and MACD is seen at the top of the ascending channel.
Also let's look at 4H time frame:
as you can see the price reaches the top of another channel at 4H time frame.
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