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KarYong

GBPUSD: Divergence confluences!

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
KarYong Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Divergence 2618 Trade
12
0
gbpusd divergence 2618tradesetup
We have a completed Triple Top Divergence setup, and price has now retraced more than 61.8. And we do have a hidden divergence as well.

Is it currently presenting a better entry price?
Comment:
On H1, price is currently forming a double top divergence setup. We would like to a confirmation of the setup with a break of the 1.5415 level.

Aggressive traders can short the breakout towards the 1.5330 region; while more conservative traders can wait for a 2618 setup.

GBPUSD: Double Top Divergence

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