Hey folks, it’s a wrap to yet another month in the 2023 calendar, and I’m guessing you know what that means - time for another episode in the “What To Trade” series. For December, I will be mapping out trade more cautiously as the market volatility often drops
GBP/USD: pound testing Cloud’s resistance
2019-11-11 • Updated
Technical levels: support – 1.3285; resistance – 1.3400.
- Sell — 1.3400; SL — 1.3420; TP1 — 1.3330; TP2 — 1.3285.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under the Cloud and testing its resistance.
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