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RaynLim

GBPUSD-Weekly Market Analysis-May20,Wk3

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
RaynLim  
FX:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns Crab Candlestick Analysis askforex100 GBPUSD Bullish Deep Crab deepcrabpatterns hoplevel candlestickpattern Candlestick analysis countertrend harmonicpatterncollection
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harmonicpatterns crabpattern candlestick askforex100 gbpusd bullishdeepcrab deepcrabpatterns hoplevel candlestickpattern candlestickanalysis countertrend harmonicpatterncollection
In this sharp drop in UK Pound, you can either wait for a retest back into the red box to short or consolidation at the HOP level for a buying opportunity on this deep crab setup.

I will need the pink arrow pointing up to appear in order to do that, in addition, a bullish reversal at the HOP level.
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