EURGBP is about rebound from upper baseline trend line and continue ranging.
Entry signal is at breakout of the dotted trend line with a red candle that closes below the Kajen Sen (the purple line).
RSI-Price divergence is observed as well.
Entry signal is at breakout of the dotted trend line with a red candle that closes below the Kajen Sen (the purple line).
RSI-Price divergence is observed as well.
Comment:
My daily chart from which the reversal is expected to occur.
Trade active:
Price reaction confirms reversal. The trade is on with SL at 0.8920
Trade closed: stop reached
