GBPUSD Short Trade Setting Up
Hello Traders,
Hidden Bearish Divergence is forming on the 1D MACD/Price Chart for the GBPUSD. RSI is also hitting a moderate resistance level nearing OVERSOLD territory. I will be watching for the close of the current candle to finish the formation of Hidden Bearish Divergence.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
Hidden Bearish Divergence is forming on the 1D MACD/Price Chart for the GBPUSD. RSI is also hitting a moderate resistance level nearing OVERSOLD territory. I will be watching for the close of the current candle to finish the formation of Hidden Bearish Divergence.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.