Fading bullish momentum --> Reversal in the making

FX:GBPUSD   British Pound / U.S. Dollar
161 0 8
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 am trading Forex for 10 years and 5 years ago I quit my corporate job to travel the world

> Introduction to my trading method:

> Free blog: www.tradeciety.c
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out