GBPUSD - Gap filled, continue down trend.
Already in the trade since 29.1
Gap filled for today
Respecting the 50 EMA
just looking for further confluence to keep in the current direction.
Already in the trade since 29.1
Gap filled for today
Respecting the 50 EMA
just looking for further confluence to keep in the current direction.
Note
Looks to be at breaking point, gathering an M top with divergence.Note
BAM!A Stop loss that allows the market to breathe is essential!
Note
The colour coded conundrum!I would expect another move down after the consolidation, maybe at 50 RSI
However we have RSI Bullish Divergence already taken place, (is this DIV move complete?
WE will break either way today.
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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.