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MrVolcano
Apr 20, 2016 8:19 PM

FX00080 - 4h bearish signals at resistance Short

British Pound/U.S. DollarFXCM

Description

Price is showing some bearish signals such a pin bars rejecting the trend line. One such pin bar was rejecting the upper range of the Bollinger bands. Ideally I'd like the pins to be much longer, but there are a few of them. Stoch and RSI have crossed below the Overbought line, which is a good signal to short.

Trade closed: stop reached

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