GBPUSD - Bearish Butterfly Completion (04092016)
The GBP is on a tear, and my various attempt to buy low did not come into fruition.
The next level I will be watching is this bearish butterfly pattern completing around 1.35.
At 1.35, I will look out for the presence of bearish divergence in the RSI as well as bearish candlestick completion before I decide whether to enter my short trade.
The next level I will be watching is this bearish butterfly pattern completing around 1.35.
At 1.35, I will look out for the presence of bearish divergence in the RSI as well as bearish candlestick completion before I decide whether to enter my short trade.
