GBPUSD in a triangle or flat pattern(developing) Short

British Pound/U.S. DollarFXCM

Description

⋅ 5 mai 2016 16:40

After GBPUSD has hit 200 ema a large Bearish engulfing candle has formed.

Wave 2 was a ZIGZAG pattern, rule of alternating Wave 4 has to be a Triangle or a Flat pattern

Waiting to see how price reacts at .618 retracement

Plus