The pair finally looks ready to move lower. We have printed a sizeable red candle yesterday at a very strong area of resistance and we see a clear RSI divergence marked by the purple arrows.
What Im looking for to enter this trade is something like this (check below 4H chart)
What Im looking for to enter this trade is something like this (check below 4H chart)
Note
No entry trigger for me. Still on watchlistNote
The pound is definitely taking it on the chain. This pair doesnt stop raising. Trendline broken, does this have a stop? What do you think ?
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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.