GBP/USD - SHORT CYPHER
1M
EMA pointing to the down side. Last 2 months candles are bearish.
1W
EMA also pointing to the down side. Last Week’s candle closed as a bearish engulfing.
1D
Price has been bullish today which has cause the price to test the downwards facing EMA.
4H
EMA downwards facing. Price was pushed all the way back up to the weekly resistance level of 1.32500, where it was rejected. A Bearish cypher formed at the same time where my order was triggered.
EMA pointing to the down side. Last 2 months candles are bearish.
1W
EMA also pointing to the down side. Last Week’s candle closed as a bearish engulfing.
1D
Price has been bullish today which has cause the price to test the downwards facing EMA.
4H
EMA downwards facing. Price was pushed all the way back up to the weekly resistance level of 1.32500, where it was rejected. A Bearish cypher formed at the same time where my order was triggered.
Trade closed: stop reached:
Stop Loss hit