s27Trader

The TOWER TOP classical pattern

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FX:GBPUSD   ポンド/米ドル
Near the announcement of US economic numbers, the pair GBPUSD made the Tower Top pattern at resistance. Which this pattern indicates The first buying force that occurred can net all profits there is no selling back in any way and the trading volume is very small (because the buyers are satisfied and the seller is satisfied) by observing from the 3 Doji candlesticks that occurred in the end, and finally the sales force came down violently demonstrated a sudden reversal

This shows only the reversal patterns for a while(Reverse trader like this) we can SHORT to make a profit down to the support at 1.3000 on December 3, 19.

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