Down Short

British Pound/U.S. DollarFXCM

Description

⋅ Jan 27, 2019 8:18 PM

Retracement or Reversal incoming.
Most likely Reversal:

Approaching strong Resistance zone (Tested 3 times before).
BB breakout ahead. (awaiting red candles for confirmation)
Stoch + RSI + CCI = Reached oversold levels

(MACD, ADX and MA's lagging)

Comment

⋅ Jan 27, 2019 8:52 PM

Even Pivot point lines up-