The Price has broken major resistance level and closed above it.
On Daily chart there is a Bullish Divergence. So it's time for correction.
Stop Loss: 1.7380
Break Even: 1.7820
Short for multi confluences
SL: 1.1140 (45pips = 1R/R)
PT: 1.1000 (2R/R)
My Scenario NFP for GBPUSD is Bullish
After price making new Lowers High and Hidden Bullish Divergence i recomend to buy
Hidden Bearish Divergence
#YHOO - YAHOO INC - LONG OPPORTUNITY - SHORT TERM
YAHOO INC LOOKS TO BE ON THE UP SHORT TERM, LONG OPPORTUNITY FINANCIALS SET TO LEAD THE WAY HOPING TO REACH AROUND 45.00 AREA
Long to 1.13000 Divergece + Channel Support
Can anyone say that Technical Analysis does not work? This is a very nice example of divergence at confluence area.