FX:GBPUSD   British Pound/U.S. Dollar
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simply I found divergence the best tool to account on in my trades :)
good luck all and your views are welcomed !
nawras.elghorani
3 years ago
Double Tops pattern , Okay no problem I will wait :)
Another trick here is to hit stop loss & make traders go long then smart money sell
from the top and keep himself the top profits.
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kamukak nawras.elghorani
3 years ago
Hi there, Could you please tell some entry levels and target price? why so cryptic. Thanks
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nawras.elghorani
3 years ago
Dear Kamukak, it is not being cryptic but the idea is just to show the divergence.
For me when I catch divergence signal , I wait any other signal confirmation like let us say parbolic sar or stochastic and RSI to enter my position.
Taking profit I place it at the former resistance which is @ 1.57500 in our case.
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nawras.elghorani
3 years ago
entry at the current price is so good guys.
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nawras.elghorani
3 years ago
So far so good as I thought it is gonna be a double top pattern . I want to add that regarding the shutdown news in U.S some experts think if the shutdown is agreed
we will see EUR-USD down to 1.30 due to strengthened U.S Dollar , in parallel I think
GBP will drop sharply in face of USD.
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nawras.elghorani
3 years ago
Still opened .
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motleifaul nawras.elghorani
3 years ago
In this case we got a triple top. Insofar I can agree with the chance of a downmove.
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