Hello traders. Today on FX:GBPUSD we have a very nice shorting opportunity. The price has made perfect double top @1.5470 at very strong structure resistance level. For more confluence look left or switch to daily or 4h timeframe to see it better. Then price broke the neckline and went back @Fibs 61.8 which gives us a 2618 setup and very nice shorting opportunity. Our targets are next support @1.5372 and the second target 1.5348 with the confluence of fibs extension 1.272. --------------------------------------------------------------------------------------------------------------------------------------- ATTENTION: Very soon, the best forex services will be available for you traders. Our team is working hard to satisfy your needs. We give you the opportunity to choose between the best brokers in the industry, with the confluence of analyses and investigation of our experts’ team. Our team will be ready to guide you through each broker you are interested. And this is the only beginning. Many more friendly services and atmosphere will be available only for you! And of course the best service ever, we do offer you a so called “Big Deal” service, which you have never faced before. Are you interested what it is? Reserve your sits my friends! Follow me and be the first to enter our world!
Very nice Alexander! Since the price hits the target, the Bat pattern will be finished to go long.
Alexander_Nikitin
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Yes, here's the thing)
Killy_Mel
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the red EMA best shows whats going on - its FLAT now)
RCP
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yes, thats right, price was in consolidation from the opening of the day, recently it has started moving and we should see the fall down according to the setup.