I have a murderous intent on the GBPAUD, it is not because of revenge trade, heck, I don't even have any recent losing trades, and I've been trading for some time so I don't do that, but that is because I spotted something that many traders have missed out.
RSI Divergence on both the Daily Chart and 1-hourly chart. To top it up, on the Weekly Chart, the GBPAUD is on the Key Resistance Level.
As usual, there are a few ways to engage the trade, but I'm waiting for the candlestick pattern to retest 1.8214 for a shorting opportunity, so that it gives me a better Profit Factor.
RSI Divergence on both the Daily Chart and 1-hourly chart. To top it up, on the Weekly Chart, the GBPAUD is on the Key Resistance Level.
As usual, there are a few ways to engage the trade, but I'm waiting for the candlestick pattern to retest 1.8214 for a shorting opportunity, so that it gives me a better Profit Factor.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.