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
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out