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.
Comments
motleifaul
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You should have been sticking to your original idea.
motleifaul
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Never mind. This happens. I think it's agood method to combine Renko with trad. candles.