


chrisetherington23
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0Joined Jan 13, 2019
chartpattern
consolidation
cross
death
deathcross
gbp
gbpusd
indicator
short
trendanalysis
usd
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Mongo DB is bouncing off resistance on the 1 day chart. Potential to go long at breakout or short back down to support.
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Hey there. This is my first published idea. GBPUSD in an area of consolidation forming a nice triangle. The 50 day SMA has just broken through the 200 day SMA, which is often known as a 'death cross', which can be a good signal of a bear market. I'll be watching here waiting for a potential breakout. Happy trading. Chris
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