GBPUSD formed a bearish bat approved by a RSI divergence and
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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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.