GBPUSD - Analysis, potential 'Sell' order

27 พ.ย. 2023

Monday, London's session at 08:00 GMT:

RSI: In the overbought zone, above 70%.

Bollinger Bands: Signalling a possible 'Sell' opportunity.

EMA 55: The market appears to have reached its peak.

I see an opportunity to enter a 'Short' trade here.

PS: This is my own strategy and backtesting the results.

28 พ.ย. 2023

บันทึก

Update:

I consider both Daily and H4 charts when conducting my analysis, and I see that both charts are in alignment, indicating that the market is in an overbought zone.

The candlesticks formation on the charts suggests a potential reversal.

28 พ.ย. 2023

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

The market reacted to the news and not in my favour. SL triggered and the position was closed.