GBP/USD short idea
Updated
GU reached 1.60x resistance and started to create rejection candlesticks.
The price consolidated a little inside the box and then started to drop.
A change in the market structure was another confirmation of the next move.
RSI was in overbought zone in 15m and 1H timeframes.
RSI also formed a divergence on 15m.
Fundamental analysis is also on our side.
Trade with 1:12 RRR
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The price consolidated a little inside the box and then started to drop.
A change in the market structure was another confirmation of the next move.
RSI was in overbought zone in 15m and 1H timeframes.
RSI also formed a divergence on 15m.
Fundamental analysis is also on our side.
Trade with 1:12 RRR
Like and subscribe for more!
Trade active
Note
Price just broke 1.35 key level and reached consolidation box size. Expecting LH to enter another trade.Note
Price waiting for Brexit newsTrade closed manually
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