themarketzone
Short

Potential Sell Zone could lead to the completion of this pattern

FX:GBPUSD   British Pound/U.S. Dollar
1.52-1.53 is a weekly/daily resistance zone (includes two structure zones).
The 3 SMA line act also as resistance lines.

That zone could lead to a decline that will push $GBPUSD below the major support of 1.5 (or at least back to it).
If $GBPUSD will decline below 1.5, it could continue lower to complete a bullish Bat near 1.47

Tomer, The MarketZone.net

Follow me on TradingView
Follow my blog - http://goo.gl/TWWN8C
Subscribe to my mailing lists - http://goo.gl/JfOLoR
Comment: GBPUSD is inside the sell zone now.
Comment: Trade reached final target zone
yes, a sell for me
snapshot
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out