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kate25
Aug 21, 2014 11:04 PM

GbpUsd retrace Long

British Pound/U.S. DollarFXCM

Description

On the 1 hr - RSI continues to have positive divergence - to be a contrarian to price not usually healthy for the trade account will need to start with some kind of reversal pattern - presently of interest on the 1 hr - price came down to the .61 fib - now looking to see if a bullish gartley will form - if not the bottom trend line on the bigger picture can not be ruled out
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