GBPUSD - Bearish Shark Completion
Has been a great week for me.
Profited on EURUSD, GBPUSD and NASDAQ longs.
Exited all positions and thinking to go short on pound now.
Reasons are
1. DXY has reached a 1902 crab pattern completion, it is likely due for a correction (Big or small)
2. GBPUSD has completed a bearish shark pattern
3. The h1 support trendline has been violated.
Therefore I might look to short soon with stops at XC 1.27
Targets will be at CD 0.5 and CD 0.886.
Hope you all love my analysis, smash that like button and leave a comment will mean so much to me!
Good luck and good trading everyone!
Profited on EURUSD, GBPUSD and NASDAQ longs.
Exited all positions and thinking to go short on pound now.
Reasons are
1. DXY has reached a 1902 crab pattern completion, it is likely due for a correction (Big or small)
2. GBPUSD has completed a bearish shark pattern
3. The h1 support trendline has been violated.
Therefore I might look to short soon with stops at XC 1.27
Targets will be at CD 0.5 and CD 0.886.
Hope you all love my analysis, smash that like button and leave a comment will mean so much to me!
Good luck and good trading everyone!
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