FullTimeTrader
Short

GBPUSD-two patterns at play

FX:GBPUSD   British Pound / U.S. Dollar
1324 5 21
Looking at W1 chart this pair is touching a strong resistance and the 55 EMA


At H4 chart there is a bearish crab almost completed:


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
Same boat.
Reply
Thanks for nice chart, As we saw all fundamentals and political atmosphere good for GBP, how we can expect another big fall again ?
Reply
Thanks, more power to my short gbp thesis...tomorrow will be the day.
Reply
I think 1.57600 good level for sell.
+1 Reply
hello, yes its somewhere between that zone
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out