codekid
Long

GBPUSD showing divergence

FX:GBPUSD   British Pound/U.S. Dollar
280 2 2
Looking for this to rebound and go higher as the days go by. seeing some hidden divergence to back up my view as well a doji developing on the previous day's close. Looking furhter to the left it can be said the price may be in somewhat of trouble area. My other estimation is that the wave 4 is just about finished as well
Indicates underlying strength. Good entry or re-entry. Occurs during retracements in an uptrend. Nice to see during price retest of previous lows. “Buy the dips”
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codekid Melchorex
yh it shows that there's some more steam left in this upward trend, lets see how far she goes :)
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