KVE
Short

GBP/USD: Possible bearish butterfly and/or bat...

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
200 0 8
I didn't get my long entry based on the idea linked below... If we get back down to Quasimodo support I will enter long but for now I think we will continue upwards for a little longer. We broke above and re-tested the 100MA recently and are now on the way towards the 200MA.

Possible short retracement trade at the trendline where a possible butterfly completes...

Alternative short at completion of a possibe bearish bat and new AB=CD a little higher up...

Look on smaller TF's for confirmation like ending structures or candlestick patterns and/or momentum divergence in the area of the PRZ's!
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