GBPUSD Forming an Evening Star Doji
If you zoom out and look at the 1 hour timeframe for GBPUSD, you can clearly spot an evening star doji. For anyone who isn't familiar with this pattern, it comprises of three candles:
1. Bullish
2. Doji (indecisive)
3. Bearish
In that respective order.
Since that is forming right now, it could serve as a perfect signal to go short for GBPUSD.
1. Bullish
2. Doji (indecisive)
3. Bearish
In that respective order.
Since that is forming right now, it could serve as a perfect signal to go short for GBPUSD.