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wolkee
Mar 6, 2020 12:18 AM

GBPUSD - SHORT Short

British Pound/U.S. DollarFXCM

Description

3M - Bullish engulfing close of the previus candle -
EMA crossed down and rejection of bullish
engulfing on EMA 14 - retest of 1.2725 psycological level
1M - EMA crossed up - new HH - duble bottom -
previus candle eat the previus spike to the downside -
reverse H&S, second Shoulders in formation
W - EMA crossed up - LH and LL - bullish engulfing close(?)
D - price up the 2 EMAs but ema still downside -
down trend and price almost on trendline for 3rd touch -
lower volume on the last two bullish session
4H- price on 0.786 fib - downtrend - spike on 0.786 fib - EMA crossed up
Comments
Dave-FX-Hunter
Very possible. This is my View.
MountOlympusFx
Its going Long bro. Retail seller will get slaughtered
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