Get started
Trade-Em-FX

GBUSD

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Trade-Em-FX Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns GBPUSD gbpusdshort
1
0
harmonicpatterns gbpusd gbpusdshort
BEARISH BAT
Good Risk to Reward 120 pips
Wait for the Top Zone to be retested. (1.29549)
If rejected look for good entry point.

If zone is broken (1.29549) expect to go to the last TOP Zone. (1.30000)
Comment:
The 1.29549 zone is broken and it looks like its heading in the last zone. @1.30000
Comment:
move stop loss on top of the last top zone box.
Look for reversals and wait for retest when it reaches our last top zone 1.30000
Comment:
We are now seeing a Double Top pattern on 30m to a lower TF.
Wait for a retest on the neckline.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.