This is a trade setup spotted in the 1 hour time frame. There were actually two trading setups found in one mix, making one whole, in my opinion or from my experience, its almost always best/good to trade setups like these.
Symmetrical Triangle along with a slight double bottom/wammie
Technical analysis on the gbpusd shows that price will be heading down to the 1.31623 mark will it be a strong downward movement or a weak downtrend, who know's? but from what i see, price will drop inconsiderably low in the long run. The harmonic pattern you see on the chart is'nt the only catalyst which indicates that the gbpusd will be heading downwards. Take a...
This is a technical analysis of the currency cross gbpusd.
is this analysis i predict where price is most likely to go, as you can see.
The only pattern in this analysis is
-A Descending triangle
