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ThinkingAntsOk
Jul 29, 2019 1:45 PM

Short Analysis on GBP/USD by ThinkingAntsOk Short

British Pound/U.S. DollarFXCM

Description

4H CHART EXPLANATION:

After breaking the Support Zone, price corrected on a Triangle Pattern to continue the downside movement. At this moment is on a strong bearish trend, however we consider that it may be a reaction here or a little correction, to continue the main movement after that.


MULTI TIMEFRAME ANALYSIS:


-Daily:



-Weekly:


Trade closed: target reached

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