Get started
orvilleawright

BEARISH GBPUSD DAILY: In shallow down channel

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
orvilleawright  
FX:GBPUSD   British Pound / U.S. Dollar
dailyoutlook orville wright Bearish Patterns SELL Descending Channel Ascending Channel price-action Candlestick Analysis GBPUSD support Support and Resistance
2
0
dailyoutlook orville wright bearish sell descendingchannel ascendingchannel price-action candlestick gbpusd support supportandresistance
Nov 3 2015: BEARISH GBPUSD DAILY: In shallow down channel
(Analysis Based on DAILY chart)

Observations
1. Price in a shallow short term down channel
2. If price breaks upwards, larger up channel could form
2. RSI close to 50
3. Price just below SR zone

NOTE: Wait for price action to confirm the importance of this level.

If you find this information useful. Please hit the LIKE button.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!

Related Ideas

orvilleawright
Slightly BEARISH GBPUSD 4 Hour
orvilleawright
BEARISH GBPUSD 15 MIn: Sell resistance;
orvilleawright
BEARISH GBPUSD 1 Hour; Buy support; Sell resistance; Buy BAT
orvilleawright
Slightly BULLISH GBPUSD 4 Hour
orvilleawright
NEUTRAL GBPUSD 15 MIn: Buy sup.; Sell resistance; Trade breakout
orvilleawright
NEUTRAL GBPUSD 1 Hour; Trade consolidation breakout; Buy BAT
orvilleawright
BULLISH GBPUSD 15 MIn: Buy support; Sell resistance
orvilleawright
BULLISH GBPUSD 1 Hour: Buy support; Sell resistance
orvilleawright
BULLISH GBPUSD 4 Hour: Bearish BAT pattern
orvilleawright
Slightly BULLISH GBPUSD 4 Hour
orvilleawright
Nov 3 2015: WEEKLY GBPUSD in consolidation
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.