TradeYodha
Short

#GBPUSD 4H Hour Short

FX:GBPUSD   Pound Sterling/U.S. Dollar
@TradeYodha
TradeYodha.com

GBPUSD             4H Hour Short

1. Price action running in consolidation
2. ABCD pattern completes around 1.27 extension of AB ( harmonic move)
3. Butterfly Pattern completes in the same area
4. 200 SMA is close to the area of possible short
5. RSI is reaching overbought but wait for confirmation and overbought scenario

Plan your battle well in advance and win.

(Just my ideas, do you own analysis)
we are in the market at the moment. Waiting to see how markets plays this out.
Reply
Good call on the bear butterfly pattern
Reply
TradeYodha PRO Siyabonga_Ngcobo
Thanks mate
Reply
possible double top coming
Reply
TradeYodha PRO TradeYodha
divergence, double top and overbought conditions have arrived
Reply
could u plz explain how overbought confirmation can be identified ?
Reply
TradeYodha PRO scorleoney
I use 7 period RSI with extreme levels of 80 and 20. If the RSI is over 80 is it is over bought and if it is below 20 it is oversold.
Reply
scorleoney TradeYodha
thank you. thank you very much...
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