Is It Time To Short The GBPUSD?
The GBPUSD has reached a very important area in terms on structure, so now the question is, is it time to sell? Now we have 2 advanced pattern, a cypher pattern which is just a few pips away from being completed and a bat pattern which will complete right above the descending trendline resistance. Our RSI is just below the overbought conditions so the best scenario is to wait until the cypher pattern completes and then wait to see if our RSI is overbought before taking a short position.
Watch my brand new video to see in depth analysis on this pair and also the trend continuation trade on the USDCHF.
youtube.com/watch?v=s3XwSy4rtgg
Want to learn how to trade the Bat Pattern?
youtube.com/watch?v=fXFvOUNQjR0
youtube.com/watch?v=JUqyDqTEEUA
tradewithme.co.uk
Watch my brand new video to see in depth analysis on this pair and also the trend continuation trade on the USDCHF.
youtube.com/watch?v=s3XwSy4rtgg
Want to learn how to trade the Bat Pattern?
youtube.com/watch?v=fXFvOUNQjR0
youtube.com/watch?v=JUqyDqTEEUA
tradewithme.co.uk
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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.