GBP USD - Long Flashcard
GBP USD - Long Flashcard
- Pair in uptrend
- Pair presented with a clear double bottom formation off of yesterdays low
- First leg presented with a RSI hook into volatility bands near 32
- Second leg presented with a RSI cross above signal line with second leg holding the same low
- Pattern appeared near yesterdays low
- MBL (yellow on TDI) curved upwards and RSI crossed above which is further confirmation of the buy trade
- TP 1 @ yesterdays high
- TP 2 @ RSI cross below the signal line as exit signal
- Pair in uptrend
- Pair presented with a clear double bottom formation off of yesterdays low
- First leg presented with a RSI hook into volatility bands near 32
- Second leg presented with a RSI cross above signal line with second leg holding the same low
- Pattern appeared near yesterdays low
- MBL (yellow on TDI) curved upwards and RSI crossed above which is further confirmation of the buy trade
- TP 1 @ yesterdays high
- TP 2 @ RSI cross below the signal line as exit signal
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