GBPUSD - Gap filled, continue down trend. - Short

5 ביוני 2017

GBPUSD - Gap filled, continue down trend.

Already in the trade since 29.1
Gap filled for today
Respecting the 50 EMA
just looking for further confluence to keep in the current direction.

6 ביוני 2017

הערה

Looks to be at breaking point, gathering an M top with divergence.

9 ביוני 2017

הערה

BAM!
A Stop loss that allows the market to breathe is essential!

12 ביוני 2017

הערה

The colour coded conundrum!
I would expect another move down after the consolidation, maybe at 50 RSI
However we have RSI Bullish Divergence already taken place, (is this DIV move complete?
WE will break either way today.