Forex Trends - Trend is your BEST Friend Following GBP/USD Trends on multiple timeframes

Ok - here’s the gbp/usd 4-hour chart.  here are my observations:

The trend is definitely bearish
MA crossover of 5/20 - also called donchian (used mostly in daily charts - I used it here) indicated downside
Resistance at 1.8300 (last week’s low)
A possible new resistance from the new high at 1.8200
A double-bottom has been hit at 1.7950

Next possible [...]

Hi - thanks for stopping by.
I am a forex trader - or atleast trying to be one since 3 yrs. I am actually a web developer - who has been trying to become a full-time trader.
I decided to log gbp/usd - the pair I trade the most - and hope to post my “visions of the [...]