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Sunday, May 3, 2015

GBPUSD Barish Engulfing Continuation

 GBPUSD bearish Engulfing
Long term Bearish
Monthly consolidation - expecting reversal
Weekly Consolidation  - expecting reversal at this point
Daily - Bearish continuation expected to touch the support line ~ 1.5000


GBP USD H4 bearish Engulfing
A very good pattern to trader
you can clearly see that it is clear breakout -> Retest -> Continuation :)
Lets see how much it gives in result


GBP USD H1 bearish Engulfing
GBPUSD different perspective from H1 candlestick pattern
its the same double top but the way it looks on H1 is bit different
Its explanation is give as above.

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Thank You !!
Regards,
Avinash Sawant
+919975415566
avinash@forextradehalt.com
 






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