GBPUSD 4th wave sell
Aggiornato
GBPUSD continues bullish however we have what looks like completion of a 3rd wave.
Trying something different so my stops are wider than usual.
Sell 1.4585 TP 1.4455 (1.28 Reward:Risk)
Sell 1.4575 TP 1.4390 (0.98 Risk)
4th wave will likely target anywhere from 1.4350 to 1.4480
Oscillators - we have divergence on the stochastic RSI but not the RSI. H3 shows RSI divergence.
Trying something different so my stops are wider than usual.
Sell 1.4585 TP 1.4455 (1.28 Reward:Risk)
Sell 1.4575 TP 1.4390 (0.98 Risk)
4th wave will likely target anywhere from 1.4350 to 1.4480
Oscillators - we have divergence on the stochastic RSI but not the RSI. H3 shows RSI divergence.
Nota
Decent post-FOMC volatility. Low of 1.4475 or so short of 1.4450 target. Unsure of where we go from here so <b>Stop Loss moved to break even</b> and we see if breaks below 1.4540 are sustained/sustainable. Much depends on EURUSD and EURGBP
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