GBP/USD: Double Bottom with RSI DIV - Pullback LONG Setup for FX:GBPUSD by FOREXN1

GBP/USD: Double Bottom with RSI DIV - Pullback LONG Setup

GBP/USD after the price test again the 1.4500 in the bottom, the scenario seems in a position to have a pullback ( correction ) before continuing in the direction of the main trend. We recognized a possible Double Bottom pattern with divergence on Stochastic with the confirmation of the RSI turned Bullish. This will be just a correction of the price before continues to drop in the direction of the main trend.

Note

✅ Previous WINNING idea

GBP/USD:Short from Double Top and several Resistance Level SHORT

Note

✅ Previous Double TOP WINNING Idea

GBP/USD: As predicted, DOUBLE TOP and price DROP.

Trade active

GBP/USD SHORT from Resistance 50% FIBO Reversal Pattern SELL

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