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RaynLim

GBPUSD-Weekly Market Analysis-Oct22,Wk2

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
RaynLim  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Candlestick Analysis Double Top or Bottom askforex100 GBPUSD supportandresistancezones candlestickpattern Double Bottom rsidivergence
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supportandresistance candlestick doubletoporbottom askforex100 gbpusd supportandresistancezones candlestickpattern doublebottom rsidivergence
GBPUSD on its daily chart reversed on the Key Resistance level. Counter-Trend traders could wait for a 3-bar reversal on the dotted blue line.

However, that is NOT good enough for me. I will need to see a Double Bottom with an RSI Divergence before I'm interested to engage in the trade.

What is the condition you need for you to get on a counter-trend trading setup like this?
We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

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