ahmedfrazkhan

Continuation pattern GBP USD

Short
FX:GBPUSD   British Pound / U.S. Dollar
* GBP has been strong for some time
* Sentiment short 75%
* Divergence has played and matured
* First HL & LL formed, trend confirming
* Reversing from highest point, so we can expect to mean revert.
* 1% risk and reward.
* 20 time positive and 12 negative and is already up 2.6%
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.