GBPAUD Short on divergence and broken trendline

FX_IDC:GBPAUD   British Pound / Australian Dollar
69 4 1
On the 4 hour chart there was divergence between price and the RSI . The price did not broke the down-going trendline which was formed from 24 august 2015. Now the up-going trendline from 21 april 2016 is broken. The price is now making lower lows and lower highs on the 4 hour chart. so Risk reward is good enough for me to short the GBPAUD             .

I'm just starting with publishing so every comment is welcome. I have a lot to learn.

I also will make an other publish later on a weekly of a cup and handle pattern that is formedon the GBPAUD             from 2009. which will be a long position offcourse.

Make your own tradingplan, I'm not responsible for your own decisions.
Comment: Trade closed: stop reached
hi you are welcome. i like your indicator. how can i get it? maxtar
Maxtar ersinfx34
All credits to Lazybear it is his indicator which i wanted to adapt with more options. but have not the knowledge to do. But i allready made changes (cut out the MFI part) and also the name. so it is not much different than his script.

So again, all credits to Lazybear for this.

Cup and Handle formed from 2009

Down-going trendline 24 august 2015
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