BEARISH GBPUSD 1 Hour; Down trend with RSI bearish hidden dive
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.
If you find this information useful. Please hit the LIKE button.
(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.
If you find this information useful. Please hit the LIKE button.
I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
