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Telson
21. Dez. 2016 15:53

EURGBP Rising wedge formation & RSI Divergence Short

Euro Fx/British PoundFXCM

Beschreibung

Monitoring the EURGBP pair we have identified an RSI divergence on the Hourly chart.

We anticipate to see a retest of the 0.84260's level after the false break out (see market conditions) followed by a break-out of the rising wedge formation with even bigger profits.

Profits and stop losses are set according to previous structure supports with the latter being fair to balance our RRR.

Since we all sometimes live in our own bubble, all feedback and comments are highly appreciated.

Kommentar

Same indications on Daily chart too

Trade geschlossen: Stop wurde erreicht

Kommentare
Telson
The above idea is invalid since the SL set (and shown) where hit pretty fast.

Too bad...we can't have all so,let's go for the next one. :)
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