GBPUSD completes Crab, we long on a Shark!

4 May 2016

1.4750 was the completion of a bullish Crab pattern on GBPUSD daily chart.

Price is now reacting to the completion of this pattern.

For the rest of the week, I will be interested to go long on the Shark pattern if it challenges 1.43.

9 May 2016

Not

Still waiting patiently for price to hit 1.4290 first.

We will see if we will trigger long at that price by looking at RSI,