EricTj
Long

SHORT TERM BULL of GU lead to MID TERM BEAR

FX:GBPUSD   British Pound / U.S. Dollar
February Gap of GU will be closing soon as the price advancing to the upper level and creating high peak and trough. The price slowly bouncing in the shallow bullish trendline and from the dow theory perspectives the minor trend showed up a bullish trend , while the primary and secondary trend are not confirmed yet to be bullish . The closing gap will generate a strong resistance, clustered with failed harmonic ext retracement, which leads to shark pattern, also rising wedge combined with bearish three-drive harmonic pattern . After lower trough have been made, the bullish trend transition will continue as shark and transition trapping completed.
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