Shooting Star in GBP/USD

DannyBly

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Looking at the daily chart a bearish shooting star pattern formed on Friday:

gbpusdshootingstar.jpg


Zooming out we can see some major trendlines that could form support:

gbpusdzoomout.jpg


Also worth noting that MACD crossed the zero line from positive to negative...
 
Good spot, shame i was away from the markets :(.

Where you planning on taking profits?
 
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