Get started
Tradeciety

Fading bullish momentum --> Reversal in the making

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Tradeciety  
FX:GBPUSD   British Pound / U.S. Dollar
8
0
1.466 was the level everyone was watching and price is now showing all the typical reversal signals.

  • Strong rejection
  • RSI divergence
  • A move into the outer Bands followed by the turnaround

The MA held nicely so far and a break of the MA is the final piece to the puzzle.
I have been trading for 15 years!

> Trend Rider indicator: tradeciety.com/trend-rider-indicator/

> Free weekly trading webinar: www.tradeciety.com/webinar/

> Free blog: www.tradeciety.com/blog
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.