GBP/USD: Bearish Butterfly Breakdown, Eve-Eve Target Tagged

British Pound/U.S. DollarFXCM

Description

⋅ Jul 31, 2013 1:21 PM

Cable, H4: Upside breakout from rising wedge
risks failure; sell off from bearish butterfly
reversal window in the vicinity of 1.54. Eve-Eve
Double Top installed between 1.53-1.54 reaches
its primary target at 1.5135 post US Advance GDP

Comments

CoinedByCrypto

⋅ Jul 31, 2013 7:51 PM

Very nice chart