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GBP/AUD: divergences RSI and Price Action

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FOREXCOM:GBPAUD   Paun British / Dolar Australia
GBP/AUD it's showing us in H4 timeframe a bullish divergences in the RSI and price action. We look that the price action made lower low and RSI made lower high. So, investor want to take this par to the yellow flip that I show here in this screenshot.


So, I just put a small long position in GBP/AUD. This it's a good profit of 95. With the loss of 40 pips.

Details:

1. Trade Posiiton: Long Posiiton
2. Entry Price: $1.8535 AUD
{b]3. Target Profit:. $1.8629 AUD (95 pips)
$1.8493 AUD (40 pips)
Dagangan ditutup secara manual:
The long position was very good when up, but down and not touch my target profit. So, the movement was volatile to down. But, I believe that the only fall was that I didn't mark the yellow zone in this area and the best point to get profit was around of $1.8594 USD, it's a pip so near of 70 pips.


But my prediction was very good as I predicted, we touch the flip and then sell.

Penafian

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