The price perfectly fulfills my last idea. The price fell and hit the target level.
GBPUSD
broke through the range and made a new lower low. On the 4H timeframe, it broke the previous low as well. Currently, the price is pulling back toward the range zone. The market reacted many times to this level before. I expect the price to go to the support level if the market makes a fake break at the resistance, like a long-tailed bar or double top showing level rejection. My goal is the support level at 1.25650.
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
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