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GBP/USD - AN UPDATE FROM MY SIGNAL YESTERDAY
British Pound / U.S. Dollar
Long
GBP/USD - AN UPDATE FROM MY SIGNAL YESTERDAY
By JuanCrlsTrades
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Aug 25, 2022
7
Aug 25, 2022
exited my trade
when this candle appeared on
H1.
My indicator for a bullish exhaustion
or also known as 'shooting star'
RSI has also formed a bearish divergence
on H1 indicating a lost of momentum to the
upside.
Looking at the structure, price has also formed a
double top - bearish price structure
Overall, this was a pretty solid
trade that we took from
yesterday's signal. If you have followed
this you would have gotten
2.06RR (70pips)
FOR REFERENCE: CLICK ON THE LINK TO RELATED IDEAS DOWN BELOW IF YOU WANT TO SEE THE TRADE SETUP FROM YESTERDAY
HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
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