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Short

GBPUSD: Possible K.O.D. pattern forming

FX:GBPUSD   British Pound / U.S. Dollar
750 1 20
This is just a quick post I wanted to put out before I retire for the night (it is 3AM in China where I am). There is a possible Kiss Of Death pattern that has just formed in this pair. So I'd be careful about taking any long positions. Remember, I do still have a SHORT position that is still active in this pair and am still expecting a downturn here (see Related Ideas: "TRADE: GBPUSD: SELL@1.52032 Butterfly Completion + Wave Count").

Good night all and GL!
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thanks for the great updates. I have spent 4 months trading on a demo account. sleepless nights and ridiculous hours studying. I just opened my live account Monday so im excited but waiting patiently for good setups. I also am waiting for eurusd and gbpusd to drop. they correlate together correct? I greatly appreciate everything you post. I always seem to have the same predictions as you (so far) so I feel a bit accomplished in a sense. lol. have a good night.
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