The5%ers Blog

Which Level GBPUSD Will Hit First 25/04/2019

swing key levels gbpusd 25-4

For all time frames, GBPUSD is bearish at the moment and seems it’s gonna stay bearish until the price will reach the demand below that marked in 4H chart, that demand is a great Level for buy position, it’s a potential level for reversal position, the supply above that marked in 1H chart is what called RDB (Rally Base Drop), the base has a nice rally to that level And then create the base which is the supply, and drops after, that creates a very reliable supply level, It’s a great supply for sell position as a continuation of the bearish momentum.

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on telegram
Share on email
Share on vk

WE FUND FOREX TRADERS!

The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

Close Menu

Your message is underway!

You will be hearing from us shortly