GBPUSD formed a bearish bat approved by a RSI divergence and
Updated
strong resistance
Hi pros !
Price rejected structure and stayed below ema 200 when it closed , it is approved by an exaggerated RSI divergence
meaning that could be the point D of the bearish bat
Hi pros !
Price rejected structure and stayed below ema 200 when it closed , it is approved by an exaggerated RSI divergence
meaning that could be the point D of the bearish bat
Note
look at price action at market opening:- if it gap down and fill the gap : bingo
- if it gap up above the structure, plan cancelled/reported
- if price don't gap find enter the trade
Trade active
Note
Hold with break even, hope you took half at 1:2Note
wow 200 pips at light speed , don't got the time for nothing
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