Thursday, 1 August 2013

GBP/USD update

GBP/USD D1 chart

Time to add more short entry. Every thing is still going as I planed.

Stochastic K just surpassed the 50 level and it is a good confirmation of a trend. MACD just crossed the 0 level and crossed over the signal line signaling of a bearish trend with the confirmation of histogram showing sell volume. RSI just above the 30 level and a good sign of bearish trend. ADX still don't show any trend.

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