Divergence on 4H timeframe between the price of the GBPUSD and the MACD indicator near the Resistance at 1.26000
If unable to pass I think there may be a reversal.
My strategy:
Status: Short Position
Sell Limit @ 1.25869
Sell @ 1.25722
Tp. 1 @ 1.25083
Tp. 2 @ 1.24470
Tp. 3 @ 1.23872
Tp. 4 @ 1.23103
Tp. 5 @ 1.22050
Stop Loss @ 1.26165
Stop Loss (Limit) @ 1.26334
If unable to pass I think there may be a reversal.
My strategy:
Status: Short Position
Sell Limit @ 1.25869
Sell @ 1.25722
Tp. 1 @ 1.25083
Tp. 2 @ 1.24470
Tp. 3 @ 1.23872
Tp. 4 @ 1.23103
Tp. 5 @ 1.22050
Stop Loss @ 1.26165
Stop Loss (Limit) @ 1.26334
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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.