VasilyPonomarev
Short

double top pattern and rsi divergence

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
snapshot
Comment: support is broken
Comment: Retest of resistance
Comment: Going down
Comment: Holding the position
Just to clarify how RSI Divergence works, it occurs when pice makes a higher high while the RSI makes a lower low. In this case price did not make a higgher high on the right side top, so the lower RSI value is not really divergent.

Cheers :)
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@Gluckmann, it retests he same high however rsi going lower showing that the market is exhausted
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