QuileHills
Short

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.
Alex.Singletary
11 months ago
uptrend in place i wouldn't short unless youre scalping
Reply
Gekko.uk Alex.Singletary
11 months ago
Needs a retrace and retest off previous structure as it needs fresh demand to propel the pair higher
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Alex.Singletary Gekko.uk
11 months ago
OR it could just not retrace at all lol 50/50 chance always
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QuileHills Alex.Singletary
11 months ago
Yup, that's why you need an appropriate stop loss that works with your money and risk management strategy.
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Alex.Singletary
11 months ago
Massive move up
bullish hammer on Monthly.
Reply
Alex.Singletary
11 months ago
oops wrong one my apologies
snapshot
Reply
akshasuv
11 months ago
R u in this one?
Reply
QuileHills akshasuv
11 months ago
It's pending with entry at 1.90989
Reply
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