fxkronk

GBPUSD: Short Term Support Trendline Breakout

FX:GBPUSD   British Pound/U.S. Dollar
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In a previous post we talked about a bearish cypher pattern which formed in a key resistance level in GBPUSD             . The pattern worked out very well giving us a profitable trade setup. In case you didn't trade the cypher pattern we have another strong setup as the price broke a short term support trendline . What we are looking for is price to pullback and form a price action sell signal or a bearish harmonic pattern .

Here you can see the profitable cypher pattern:
GBPUSD: Bearish Cypher Pattern At Key Resistance Level
great analysis..thumbs up
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fxkronk Thadius Kimeu
Thank you very much Thadius..
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