TerryHarmonicTrading
Short

GBPUSD - Completes another ABCD, awaiting bearish shark

FX:GBPUSD   British Pound / U.S. Dollar
Hey guys, GBPUSD             completed yet another ABCD pattern on H1.

It signals a potential bounce off the lows at 1.3140.

Right now, the right call is to wait for the bearish shark to complete around 1.3315 to 1.3325.

That is where I will go with the trend to short the pound.

My execution will be based on

1. RSI divergence
2. Candlestick pattern at reversal zone

No pending orders, will update when I put in my orders.
Hi Terry, any updated view on GBPUSD?
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specially done for you. Not sure if it will be of any use.

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TerryHarmonicTrading TerryHarmonicTrading
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