TerryHarmonicTrading
Short

GBPUSD - Bearish Butterfly Completion (04092016)

FX:GBPUSD   Pound Sterling/U.S. Dollar
The GBP is on a tear, and my various attempt to buy low did not come into fruition.

The next level I will be watching is this bearish butterfly pattern completing around 1.35.

At 1.35, I will look out for the presence of bearish divergence in the RSI as well as bearish candlestick completion before I decide whether to enter my short trade.

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