@TradeYodha
TradeYodha.com
GBPUSD 4H Hour Short
1. Price action running in consolidation
2. ABCD pattern completes around 1.27 extension of AB (harmonic move)
3. Butterfly Pattern completes in the same area
4. 200 SMA is close to the area of possible short
5. RSI is reaching overbought but wait for confirmation and overbought scenario
Plan your battle well in advance and win.
(Just my ideas, do you own analysis)
TradeYodha.com
GBPUSD 4H Hour Short
1. Price action running in consolidation
2. ABCD pattern completes around 1.27 extension of AB (harmonic move)
3. Butterfly Pattern completes in the same area
4. 200 SMA is close to the area of possible short
5. RSI is reaching overbought but wait for confirmation and overbought scenario
Plan your battle well in advance and win.
(Just my ideas, do you own analysis)