TheRussianSpy

GBPUSD W1 - BLACKSWAN (SHORT)

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Seems to be going short for the next coming week... or weeks it's currently setting up for a BLACKSWAN where its touching a possible resistance zone . The resistance zone doesn't seem like a very strong one however its currently in position at a 38.2% retracement in the market and its touching a MAJOR trendline in the market. The trendline has made 2 touches before but currently in this situation with such confluences at the moment it's likely to be very probable. The GBP pairs seems as though they're gonna make some major drops at the end of 2019 and the opening of 2020. Who knows it might last a couple of days weeks or months but set your targets and get in for some shorts! If your analysis says otherwise then by all means go long because i can be wrong. Nothing's guaranteed in these markets!
I've had approximately a 70% Win rate trading BlackSwans so it might be worth considering.

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Comment: To add to this, this week's candle did not close above/break the trendline so i guess now we just wait and see what happens next week!
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