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jeanneymar011001
Mar 29, 2020 7:37 AM

GBPUSD formed a bearish bat approved by a RSI divergence and Short

British Pound/U.S. DollarFXCM

Description

strong resistance

Hi pros !

Price rejected structure and stayed below ema 200 when it closed , it is approved by an exaggerated RSI divergence

meaning that could be the point D of the bearish bat

Comment

look at price action at market opening:

- if it gap down and fill the gap : bingo

- if it gap up above the structure, plan cancelled/reported

- if price don't gap find enter the trade

Trade active

Comment

Hold with break even, hope you took half at 1:2

Comment

wow 200 pips at light speed , don't got the time for nothing
Comments
merakshi
look also at the big Picture. We will see Dollar weakness.
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