GBPUSD Confluence of Bearish Harmonic Patterns

30 lug 2017

GBPUSD has a large butterfly pattern from the completion of which we have seen a sell off. It has now returned to the D point, also forming a small crab pattern on the retest. It may be forming a double top here which leads to some correction. There is a potential bullish set up for a trend continuation trade if this falls like this, we will post another chart with the bullish set up.