abid_aslam

GBPUSD H4 SHORT TERM SELL

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FX:GBPUSD   Brittiska pund/Amerikanska dollar
When looking at the GBPUSD it is almost in a downtrend reversal pattern on the daily timeframe, though on the H4 time frame it also makes a mini reversal pattern short term to the downside. There has been a continuous LOW, HIGH, HIGHER LOW, HIGHER HIGH trend which has been broken, the trend has broken the reversal pattern to the downside and we are just waiting for the candle to brake before the previous HIGHER LOW as a retest to have a short term drop within the daily reversal pattern. If the candles break upwards, this could be the break of the daily reversal pattern in motion in which we would be buying more long tierm.
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