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FullTimeTrader

GBPUSD-two patterns at play

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
FullTimeTrader  
FX:GBPUSD   British Pound / U.S. Dollar
21
5
Looking at W1 chart this pair is touching a strong resistance and the 55 EMA
snapshot

At H4 chart there is a bearish crab almost completed:
snapshot

On D1 chart:
- bearish shark
- macd bearish divergence
- EW wave 5 (not shown)
- R1 pivot resistance

I expect a pullback at least to the 0.38 fib retracement

Best regards
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