Sterling show a possible up correction
Updated
Hello guys, in H1 and H4 timeframe indicators show that Sterling Pound is oversold, and then, we could to get a benefited of the correction of this par that maybe it's could be to up. Now, it's very important that in H1 timeframe we entry with a price action strategy, so, we have a grant bullish candlestick, but now, we hope a confirmation of this par to entry there.
Maybe, as we see a oversold indicator using the RSI, the most important is to find up between 50-60 pips of earnings and not much, because when the indicators make a bullish divergence, that mean a possible up correction, in case if was bullish divergences.
Maybe, as we see a oversold indicator using the RSI, the most important is to find up between 50-60 pips of earnings and not much, because when the indicators make a bullish divergence, that mean a possible up correction, in case if was bullish divergences.
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I put a long position in scalping timeframe, so my objective is to find up 60 pips, not more because its just a correction. I entry in buy market with 60 pips at $1.2916Look:
Maybe at least 60 pips of profit is good!!!
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