GBPUSD, 1D PROJECTION
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
Penafian
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