CompatibleTradingSystem

BEARISH SCENARIO IS MORE PROBABLE NEXT WEEK

Short
FX:GBPUSD   British Pound / U.S. Dollar
Based on the chart, a successful bearish H&S pattern has formed by a clear break of the neckline. However, a bullish AB=CD pattern is formed right above the rising trend line. This line is of high importance and a decisive break would cause the pair fall hard. In my opinion it might be some minor rise first and then we shall witness a fall. Be careful with a very high volatile atmosphere in next few days because of USA elections. Thanks.
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