GBPUSD - Exhausted and Overbought?

١١ ديسمبر ٢٠١٩

SHORT - GBPUSD
SL: 1.32178 (Suggested by our algorithmic system)
TP: 1.29658 (Suggested by our algorithmic system)

Reasons behind this idea:

1. Price reached strong resistance level

2. Oversold, stochastic has crossed bearish

Trade idea from our mobile app: ibb.co/3fC4khD (Timestamp is in Australian Sydney Time UTC+7)

Please trade responsibly and good luck!

---------- Chart Drawings ----------

Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Purple Horizontal Line: Suggested Stoploss by our algorithmic system
Green Horizontal Line: Suggested Stoploss by our algorithmic system

١٢ ديسمبر ٢٠١٩

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