GBPUSD Triple Top?
SHORT - GBPUSD
SL: 1.30077 (Suggested by our algorithmic system)
TP: 128.24 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price on resistance level, tested 3 times
2. Bearish On Balance Volume Divergence
3. Accumulated/Distribution indicator showing signs of distribution.
4. MACD Bearish Crossover Signals
---------- Chart Drawings ----------
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Box: Resistance Level
Red Arrows: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/K9nWCdC (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
SL: 1.30077 (Suggested by our algorithmic system)
TP: 128.24 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price on resistance level, tested 3 times
2. Bearish On Balance Volume Divergence
3. Accumulated/Distribution indicator showing signs of distribution.
4. MACD Bearish Crossover Signals
---------- Chart Drawings ----------
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Box: Resistance Level
Red Arrows: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/K9nWCdC (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
Trade closed manually
Our test application moved the SL to prevent loss but it was stopped out for a 46.3% profit.App screenshot ibb.co/2c2KH9R
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.