GBPUSD PROFIT

GBPUSD PROFIT
11th November 2017 contacttf
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

Due to a bug on my website. This post did not save yesterday.

The price ripped through my pre-drawn resistance line. Stop just above the round number.

Trade closed as I am leaving my desk.

The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals. Ichimoku Kinko Hyo translates into “one look equilibrium chart”.

 

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