Short sell for GBP - USD...
After looking at the past trend for this pair it's shows that after the resistance line is tested the pair goes down ( SELL ).
From past analysis it shows that the pair might go into two possible direction a short short buy or a long short sell...
I believe that this pair will go the second route, long short sell
Past idea went exactly as planed
Now we are witnessing a down trend on the QQQ which has two possible outcomes - Short Sell / Long Sell -
Please do your own analysis. My thought on this is that the QQQ will go down...
The chart is self explanatory, I did my best to get all the previous support and resistance lines. If you can check the info line ( It is colored red with info box next to it ) it shows how many days BITCOIN was BEARISH and how many Bars it fall back with.
Previous fall back { 13 Days, 13 Bars | 14 Day, 14 Bars } Current is { 13 Days, 13 Bars }
My personal...
The trend line has been tested 2 times before and after the test the trend is bulllish. So this gives me an idea that after this third time the market will shoot up. So Imma buy with a small lots...
