GBPUSD Dragonfly Doji (Bear) Hourly Chart

Resistance: 1.5151 strong / 1.5190 moderate / 1.5257 minor Support: 1.5084 moderate / 1.5045 minor / 1.4978 minor Dragonfly Doji (Bear) is just under the pivot point in GBPUSD Hourly charts, a moderate bearish pattern below a strong resistance. Given proximity to 1.5151, we can consider shorts under the said price with stops placed above the Pivot Point for a low risk-high reward trade. Immediate objective is 1.5084 then on to 1.5045 break of which gives us a run on the market.

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GBPUSD Dragonfly Doji (Bear) Hourly Chart

GBPUSD Dragonfly Doji (Bear) Hourly Chart

Resistance: 1.5151 strong / 1.5190 moderate / 1.5257 minor Support: 1.5084 moderate / 1.5045 minor / 1.4978 minor Dragonfly Doji (Bear) is just under the pivot point in GBPUSD Hourly charts, a moderate bearish pattern below a strong resistance. Given proximity to 1.5151, we can consider shorts under the said price with stops placed above the Pivot Point for a low risk-high reward trade. Immediate objective is 1.5084 then on to 1.5045 break of which gives us a run on the market.

Here is the original post:
GBPUSD Dragonfly Doji (Bear) Hourly Chart