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amanpaulbhogal

Short the Cable

Penjualan
Pound Inggris / Dollar AS (FX:GBPUSD)  
amanpaulbhogal Diupdate   
FX:GBPUSD   Pound Inggris / Dollar AS
Doji Support and Resistance 20ema-rejection Trend Lines 50%-retracement stochastic-convergence rsi-convergence
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doji supportandresistance 20ema-rejection trendline 50%-retracement stochastic-convergence rsi-convergence
Cycling downward in a down trend GBP/USD has pulled back into a previous support area, now resistance (at ~1.5250), after breaking below hence retesting old support, and the 20 ema as well as the ascending trend line that it violated in its recent impulsive downward phase. Price found resistance at the 50% retracement too which is in near proximity to the 1.5250 level. Stochastic and RSI indicators are in convergence implying a potential impulsive continuation south for a short entry.

entry - below low of doji bar
stop loss - above high of doji bar
target - most recent low or lower
Trading ditutup: stop tercapai
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