KudaChenjerai

GBP/USD BEARISH SIGNAL IDENTIFIED with [ X pattern formation ]

Education
FX:GBPUSD   British Pound / U.S. Dollar
X pattern formation is a strategy l created myself

X pattern formation is a market structure that indicates the manipulation
of small players by big players

As soon price broke the monthly trendline ,Sellers who sold at resistance where manipulated
and their stop loss was hit

with the X pattern in sight you can plan a Sell as soon as price hits the next trendline
since market makers interests were met and since accumulation of buys by market makers had climax


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.