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chrisetherington23
Feb 4, 2019 11:33 AM

GBPUSD 'Death Cross' at area of consolidation Short

British Pound/U.S. DollarFXCM

Description

Hey there. This is my first published idea. GBPUSD in an area of consolidation forming a nice triangle. The 50 day SMA has just broken through the 200 day SMA, which is often known as a 'death cross', which can be a good signal of a bear market.

I'll be watching here waiting for a potential breakout.

Happy trading.

Chris
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