EverythingForex
Short

UPDATE: GBPUSD: Bearish Cypher + Bearish Crab

FX:GBPUSD   British Pound/U.S. Dollar
In my previous in-depth analysis of this pair (see Related Ideas: "GBPUSD: Quick & Clean Analysis - POTENTIAL Bearish Cypher"), I gave my reasons for thinking this pair is now in an uptrend. I'm not going to rehash the reasons here. Please go read my analysis I just mentioned.

What I wanted to do here is to add that there is also a bearish crab pattern that would fill almost right on top of the already mentioned bearish cypher adding to the likelihood that at that area, there will be a strong possibility of a retracement.

I'll be looking to close my current LONG positions per my analysis in the previous post I mentioned above and open SHORT positions per the cypher and crab as well as other factors. I'll update when that happens.
Trade Log: http://bit.ly/29AeqnC
Year-to-date Profits: +5,794 pips.
USDJPY FULL Report (Subscription Required): http://bit.ly/2ttcCTV
This Month In Indexes newsletter: http://bit.ly/2tGqpcy
Want results like this? Join us: http://bit.ly/29x4bfM
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out