Bearish Crab inside a channel on GBPUSD Short

British Pound/U.S. DollarFXCM

Description

⋅ Mar 17, 2017 1:49 PM

- We have a harmonic pattern
- The pattern is formed right on a good structure area
- The patter is formed right on 0.618 retracement
- RSI has divergence on H1
- The price didn't touch the downside of the channel yet.

Well, lots of reason to enter this trade.