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tzeformulae
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GBPUSD 3 high divergence (TEST 2)
GBPUSD
, 240Short
GBPUSD: GBPUSD 3 high divergence (TEST 2)

As followed by yesterday divergence, GU again formed another divergence signal with RSI indicator with triple high. SL slightly above latest high and TP slightly above EMA 20/fibo level with trading ratio of 1:1 or 1:1.5, yesterday’s 1:2 didnt work.

GU RSI Overbought Divergence at resistant level [TEST]
GBPUSD
, 240Short
GBPUSD: GU RSI Overbought Divergence at resistant level [TEST]

GBPUSD 4hrs superb RSI overbought divergence at whole number resistant level 1.28000. Bearish candle with lower low than previous candle. Expected SL at 10 pips above 1.28000. TP (Ratio 1:2) at 1.26300.

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