Short term trade on GBPUSD
Confluence factors
- Rejection of trend line
- Rejection of .5 weekly fib
- MACD divergence
- Rejection of W200 EMA
Take profit where the 200 EMA, trendline, and .5 daily fib converge.
Approximately 1.4 R/R
Confluence factors
- Rejection of trend line
- Rejection of .5 weekly fib
- MACD divergence
- Rejection of W200 EMA
Take profit where the 200 EMA, trendline, and .5 daily fib converge.
Approximately 1.4 R/R
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.
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.