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orvilleawright

BEARISH GBPUSD 1 Hour; Down trend with RSI bearish hidden dive

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
orvilleawright  
FX:GBPUSD   British Pound / U.S. Dollar
hourly GBPUSD orville wright Descending Channel hiddendivergence rsi_divergence support Support and Resistance price-action
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hourly gbpusd orville wright descendingchannel hiddendivergence rsi_divergence support supportandresistance price-action
Nov 12 2015: BEARISH GBPUSD 1 Hour; Down trend with RSI bearish hidden divergence

(Analysis Based on 1 hour chart)

Observations

1. Price in short term bearish channel;
2. Price at 4 hour SR zone
3. RSI overbought at swing high
4. RSI hidden divergence

NOTE: Wait for price action to confirm the importance of this level.

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