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orvilleawright

BEARISH GBPUSD 15 MIn: Sell resistance;

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
orvilleawright  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD 15min Bearish Patterns rsi_oversold support Support and Resistance price-action
2
0
gbpusd 15min bearish rsi_oversold support supportandresistance price-action
Nov 5 2015: BEARISH GBPUSD 15 MIn: Sell resistance;

(Analysis Based on 15 MIn chart)

Observations

1. Price has moved down sharply
2. RSI oversold
3. Expecting retracement into support becoming resistance

NOTE: Wait for price action to confirm the importance of this level.

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