jjthomas94

RSI divergence with Trendline Breakout

Long
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Expecting more bullish move if price breaks above 1.31800 (61.8% levels).
For Study Purpose:
RSI divergence between the two swing lows created on 21-Sep & 23-Sep, indicated a trend reversal. After this price broke the downside trendline & started moving up.
Also respected the major Support line.

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