18 May 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD
Date : 18 May 2020
Support Line (A) : 1.2076 – Last TP of Channel Down
Resistance Line (B) : 1.2225 – Last TP of Channel Down
Target Period : 2 days
Interval : 1 hour
Pattern : Channel Down
Length : 113 Candles
Detail : Channel Down identified at 18-May-13:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2225 within the next 2 days. (Supported by RSI below 40)
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
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