GBP/USD, 4H
In my opinion, the bearish engulfing pattern isn't exhausted yet! the higher the timeframe it was spotted, the farther the BEARS go!
Only a high impact will push the price pass block -A by retesting trendline -X
But our best bet is for price to retest block-A and head straight to block -B
In my opinion, the bearish engulfing pattern isn't exhausted yet! the higher the timeframe it was spotted, the farther the BEARS go!
Only a high impact will push the price pass block -A by retesting trendline -X
But our best bet is for price to retest block-A and head straight to block -B
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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.