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Bifrin
Apr 30, 2017 12:12 PM

GBPUSD possible short position Synergy Method Short

British Pound / U.S. DollarFOREX.com

Description

Average price bars show downtrend. (Heiken Ashi)
Price action channel shows that average price bar tends to run on bottom of channel. (5MA Low)
RSI price line approaching < 50.
RSI is beneath market base line and also beneath trade signal line (red).

A cross of 50 line triggers short position.
Comments
Bifrin
Got out @ 1.29305 because of trend change heikin ashi candle

+19 pips
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