KVE

GBP/USD: Possible bearish butterfly and/or bat...

Short
FX:GBPUSD   Livre sterling / Dollar américain
8
I didn't get my long entry based on the idea linked below... If we get back down to Quasimodo support I will enter long but for now I think we will continue upwards for a little longer. We broke above and re-tested the 100MA recently and are now on the way towards the 200MA.

Possible short retracement trade at the trendline where a possible butterfly completes...

Alternative short at completion of a possibe bearish bat and new AB=CD a little higher up...

Look on smaller TF's for confirmation like ending structures or candlestick patterns and/or momentum divergence in the area of the PRZ's!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.