tradingmatter
Short

GBPUSD NOT GOING FOR NEW HIGH

FX:GBPUSD   Pound Sterling/U.S. Dollar
40 2 0
DATE:20/04/2014

RENKO CHART:
Double top forming

CANDLESTICK

Bearish gravestone doji on Thursday is ominous, considering the strong resistance zone
The next day is a down day below the INTERNAL FIB LINE (IFL), warning sign number 2
On the MOMENTUM chart, bearish divergence has formed, warning sign number 3.

CONCLUSION
Seems like the GBP is not making a new high after all, at least not for this week.

You should have been sticking to your original idea.
Reply
motleifaul motleifaul
Never mind. This happens. I think it's agood method to combine Renko with trad. candles.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out