Hello guys, in H1 and H4 timeframe indicators show that Sterling Pound is oversold, and then, we could to get a benefited of the correction of this par that maybe it's could be to up. Now, it's very important that in H1 timeframe we entry with a price action strategy, so, we have a grant bullish candlestick, but now, we hope a confirmation of this par to entry there.
Maybe, as we see a oversold indicator using the RSI, the most important is to find up between 50-60 pips of earnings and not much, because when the indicators make a bullish divergence, that mean a possible up correction, in case if was bullish divergences.
Maybe, as we see a oversold indicator using the RSI, the most important is to find up between 50-60 pips of earnings and not much, because when the indicators make a bullish divergence, that mean a possible up correction, in case if was bullish divergences.
Trade active
I put a long position in scalping timeframe, so my objective is to find up 60 pips, not more because its just a correction. I entry in buy market with 60 pips at $1.2916Look:
Maybe at least 60 pips of profit is good!!!
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.
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.