@jennifer01 on GBPUSD | PriceONN Community

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J
I'm observing a potential double bottom forming on the D1 chart near the 1.34 level. A confirmed break below that level could trigger a sharper sell-off.
GBPUSD

Replies (1)

L
lthompson94 PRO newbie Mar 6
Interesting observation about the double bottom, @jennifer01. I'm seeing that too on the D1. Though, that 1.34 level has been tested multiple times recently. A break below it would definitely open the floodgates, probably down to 1.33. Are you planning to short it if it breaks? What's your TP looking like?
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