FX:GBPUSD   British Pound / U.S. Dollar
190 2 1
Taken a long look at this pair and there are so many confluences for short positions.
Last months candle was a bearish engulfing marubozu .
All moving averages are bearish .
Weekly Fibonacci (not drawn on this chart) is bearish and has bounced from 78.6%.
On the Daily we have a Head and Shoulders pattern that has smashed through the neckline.
Also have a Daily bearish Fibonacci with touched 78.6% with tweezer tops .
Inner and Outer trend lines have been broken.
We are now currently sat at Weekly Mid-Range support (1.5250).
I think we could see some bullish movement towards 1.5500 which will help to make a new Fib from (R Shoulder) to 1.5250, before a strong Bearish movement.
pullback at fibo 50% retracement,kissing red trendline, let's going down right?
I think this is perfect setup to going down
LFX RoyHiddenTesla
Could well be a good position to look for, but remember to look at the bigger timeframes first.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out