If you zoom out and look at the 1 hour timeframe for GBPUSD, you can clearly spot an evening star doji. For anyone who isn't familiar with this pattern, it comprises of three candles:
1. Bullish
2. Doji (indecisive)
3. Bearish
In that respective order.
Since that is forming right now, it could serve as a perfect signal to go short for GBPUSD.
1. Bullish
2. Doji (indecisive)
3. Bearish
In that respective order.
Since that is forming right now, it could serve as a perfect signal to go short for GBPUSD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.