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justinholtgrave

GBPUSD - Bearish Engulfing

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
justinholtgrave Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD GBP USD short SELL Bearish Patterns Engulfing Candle pound
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trendanalysis chartpattern waveanalysis gbpusd gbp usd short sell bearish engulfingcandle pound
GBPUSD has formed a bearish engulfing on 7/7/17 after making a lower high. Price failed to make a new high. SL set above previous highs, TP set at previous lows.
Trade closed manually:
Trade closed at break-even. I will look to re-enter after the close of the next bearish engulfing candlestick on the daily timeframe.
Comment:
Currently waiting for a buy opportunity on this pair.
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