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Monday, May 4, 2015

GBP/USD view 4-8May2015

by mooncraft Started with weekly chart, the last Cs showing rejection over resistant area, which means give us overall clue this week market will go bearish by mooncraft On daily chart also showed strong evidence of bearish market will resume started on tomorrow, mother candle a.k.a moburuzu will give us strong reason to go short, however wait for retracement at near resistant before we go short. Some probability the price will find nearest resistant  as shown in diagram. by mooncraft As we can see at H4 chart... double top already happened last week, give us a strong clue that bullish market already end. Market strongly go bearish...

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