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EZ_Trader

EYE SPY... 3 BLACK CROWS

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
EZ_Trader Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Fibonacci Candlestick Analysis
4
2
trendanalysis fibonacci candlestick
Weekly GBPUSD nearing an end for trading this week.

Analysis summary:
Candlestick patterns - 3 Black Crows on Weekly TF
Uptrend line broken through to the downside.
Bearish divergence evident on RSI 14 period
RSI crossing below 50 level mark indicating a downward momentum.

Open order(s):
Short at 1.3650

Not financial advise
For educational purposes only

Comment:
Don't be surprised at the stalling around the .382 fib retracement area. We can expect a downward move in the very near future. Still sticking to original idea and still remain overall bearish.

Happy trading folks.
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