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 !
Still opened .
motleifaul nawras.elghorani
In this case we got a triple top. Insofar I can agree with the chance of a downmove.
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.
good call
entry at the current price is so good guys.
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.
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.
kamukak nawras.elghorani
Hi there, Could you please tell some entry levels and target price? why so cryptic. Thanks
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