GBPUSD 1D

٢ أغسطس ٢٠٢٠

POTENTIAL SHORT TRADE. WE HAVE REACHED A WEEKLY SUPPLY AND STRONG RESISTANCE LEVEL. ON THE DAILY TIMEFRAME I NOTICED A SHOOTING STAR RESEMBLING A POTENTIAL REVERSAL. THIS CANDLESTICK IS CRUCIAL BECAUSE OF ITS LOCATION(SUPPLY). TO ADD ON TO MY CONFLUENCE, THERE 2 HARMONIC PATTERNS WHICH AGREE AND POINT US TO A POTENTIAL REVERSAL. THERE IS AN AB=CD PATTERN AND WHAT SIGNIFICANTLY RESEMBLES 3 DRIVES TO A TOP. ALSO, DXY HAS STARTED EXHIBITING POTENTIAL BULLISH MOVES MEANING THAT GBPUSD MIGHT TURN BEARISH.


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