BearHarmonic Pattern @ all GBPXXX pairs (excluding AUD and NZD)

This pattern is on all GBP pairs with slight variations. This would be an awesome time to go short when most of the market is long.

Yorum:

BTW GBPHKD is just used for example. You will see the same pattern on any pair except the COMDOLLS...AUD/NZD...and it may still be a short on those fronts...the patterns is just not as evadent on GBPAUD & GBPNZD

Yorum:

This idea is still valid im my opinion. I never put in SL or TP becuase I just saw the formation but was not sure about entry. With the pound in consolidation with most pairs (Except some exotics) I opted not to take the trade...but still worth keeping an eye on.