About meI realised that if you focus only 1 instrument which volatile enough, than you will became unstoppable in case of your profitability / consistency, because your decisions will "behave like" "reacts like" the instrument movements. My instrument is GBPUSD.
There gonna be a M15- H1 long retest, afterwards might be good opportunity to find short position entries based on H4 bearish trend .
Good luck,
Divergence David
I indicated daily bearish divergence with yellow trendlines on the chart. During Friday the bearish movement had been exhausted so prepare yourself first a M15- H1 bullish retest which can be around 50 pip and will take place hopefully during Monday. Afterwards you might look for entries for short positions until fibo zone 50%. It will be done until the middle of...
In daily timeframe bearish divergence happaned on Friday, furthermore H4 double top-ish bearish divergence formed. During monday there will be a M15 -H1 smaller long period for retest. The expected short outcome from top to the end is around 350-400 pip max until the closest major support zone as well as Fibo 38%-50% zone reached. It will take place until...