BeautifulTiger

CUP AND HANDLE SHORT 4HR

Short
BeautifulTiger Updated   
FX:GBPUSD   British Pound / U.S. Dollar
PRICE HAS HIT A RESISTANCE FORMING A CUP PATTERN CURRENTLY FORMING THE HANDLE/PULLBACK. THERE IS ALSO BEARISH DIVERGENCE ON THE MACD. SELLING PRICE TO THE SECOND MAJOR PULLBACK LEVEL .382. ENJOY AND THUMBS UP IF YOU LIKE THIS IDEA :) Praise the most high.
Comment:
CORRECTION: BEARISH DIVERGENCE ON MACD BULLISH DIVERGENCE ON PRICE APOLOGIES :)
Trade closed manually:
TRADE WENT INTO PROFIT ABOUT 42 PIPS HITTING THE 23% FIBB RETRACEMENT LEVEL. (HANDLE RTRACEMENT TYPICALLY GOES TO THE 23-38% FIBB LEVEL).PRICE IS TESTING OFF OF HANDLE GOOD FOR BUY ENTRY WILL POST THE SETUP.
Comment:
THANKS FOR THE THUMBS UPS :)
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