RomanZachary
Short

Daily bearish engulfing

FX:GBPUSD   British Pound / U.S. Dollar
Nison Candle Highlighter ( NCH software) identified this pattern as Bear Sash (on Hotforex chart that I use). At tradingview chart it is a clear Bear Engulfing . The pattern occurred at weekly Fib level. We go short after fibs. Money Flow Index ( MFI ) confirms the short position.
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