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KlejdiCuni
Nov 15, 2019 3:12 PM

GBPUSD: Near critical zone UP or DOWN ??? 

British Pound/U.S. DollarFXCM

Description

GBPUSD is near a critical price zone. If price is not going to break out the flag the possibilities are really high for one more move down. Look at the price reaction near trend line.
Otherwise wait for a solid break out before going "LONG".

Thank you for you likes and support:)
Good Luck!

Comment

Harmonic perspective for the chart above.

Trade active

The situation is getting difficult with GBPUSD as price broke out from the flag but it's not showing strong momentum. So I am going to sell the Bearish Gartley. Trade with care and use stops.
Comments
UnknownUnicorn3442968
would love to take the pound short next week
KlejdiCuni
@AlchemyFx, Thank you for sharing! Nice work as well! Yes I agree with you. I like the sell as well, and now price is moving without any strong momentum as I see. I was thinking to sell at the top now but i need to see how price will react there first.
UnknownUnicorn3442968
Was just charting the same thing, very nice!
KlejdiCuni
@AlchemyFx, Thank you! We are getting obsessed with charts :p
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