Euro / Paun British
Singkat

EURGBP RSI divergence & break + channel top => short opportunity

83
I don’t usually trade the 1D, but this setup has been so long in development it seems like it is the only way to go. The EURGBP recently hit the top of the long-running 1W channel that started 28 Aug 2017. The 1D has been showing an RSI divergence since 24 May 2019, and it just broke and closed below the RSI trendline.

If we see a break and close of the RSI below 50 and the PA below its trendline and through the SRZ, I’ll be looking for a short entry.

Penafian

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