How to trade with Lo
Potential Short on
GBPUSD
T: Trend -> 4 hourly -> DOWN.
S: Structure -> Red Zone.
E: Entry Reason -> Double top with RSI divergence on lower time frame (15min or 60min chart) and the belief of NY reversal and mid week reversal. If missed the second top after the stop hunt then trade the retest of the neckline.
E: Execution -> waiting
Good luck
Potential Short on
T: Trend -> 4 hourly -> DOWN.
S: Structure -> Red Zone.
E: Entry Reason -> Double top with RSI divergence on lower time frame (15min or 60min chart) and the belief of NY reversal and mid week reversal. If missed the second top after the stop hunt then trade the retest of the neckline.
E: Execution -> waiting
Good luck
Trade closed: target reached
sorry for the late updatetarget reached
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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.