EURGBP is about rebound from upper baseline trend line and continue ranging.
Entry signal is at breakout of the dotted trend line with a red candle that closes below the Kajen Sen (the purple line).
RSI-Price divergence is observed as well.
Entry signal is at breakout of the dotted trend line with a red candle that closes below the Kajen Sen (the purple line).
RSI-Price divergence is observed as well.
Note
My daily chart from which the reversal is expected to occur.Trade active
Price reaction confirms reversal. The trade is on with SL at 0.8920Trade closed: stop reached
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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.