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GBP/USD: Failling Three Methods, вероятно понижение

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GBP / USD: test horizontal resistance 1.5506 and a new negative formation.

Deeper low below 1.5404 support

price action: breakthrough internal bar below the minimum Mam bar - below 1.5404

Devouring bar two bull bars which are opposite to the downward movement signal for the continuation of shorts: Failling Three Methods:

Sentiment: the last strong growth in GBP per 10/30/2015 was due to the revaluation of portfolios and immediately after the last working day of October GBP started to fall, or those who buy now have to sell.

Stephen D. Angelov - Head of Stocks Trading


 Varchev Traders
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