GBPAUD Divergence + Trend Support

FX:GBPAUD   British Pound / Australian Dollar
361 8 18
GBPAUD             is showing bearish divergence in the overbought zone on the 4H RSI as it approaches my long term fib resistance along this trend support (red line).

I'm not going to enter the trade on a Friday but Sunday night when markets open I'll be watching this pair very closely for a short opportunity.
R u in this one?
QuileHills akshasuv
It's pending with entry at 1.90989
oops wrong one my apologies
bullish hammer on Monthly.
uptrend in place i wouldn't short unless youre scalping
Gekko.uk Alex.Singletary
Needs a retrace and retest off previous structure as it needs fresh demand to propel the pair higher
OR it could just not retrace at all lol 50/50 chance always
QuileHills Alex.Singletary
Yup, that's why you need an appropriate stop loss that works with your money and risk management strategy.
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