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DetusX
Mar 29, 2015 3:47 PM

Sell sell and more sell 

British Pound/U.S. DollarFXCM

Description

Thinking we will se some Trend continuation. There are som good clues, 3 taps at trendline failed to close above, failed to beat the 61.8 Fib box, a Strange bat pattern and the lows needs to be tested. Im short from the C point and will keep and eye at the 88.6 box there is a ABC pattern completing in that area if it closes und 88.6 then 127.2 is open for play and an area for bull rallying targets 88.6 box and 61.8 box under the trend line. Keep in mind the trend is still Bearish and may go as low as the 161.6 box. GL
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