GBPUSD possible short position Synergy Method
Average price bars show downtrend. (Heiken Ashi)
Price action channel shows that average price bar tends to run on bottom of channel. (5MA Low)
RSI price line approaching < 50.
RSI is beneath market base line and also beneath trade signal line (red).
A cross of 50 line triggers short position.
Price action channel shows that average price bar tends to run on bottom of channel. (5MA Low)
RSI price line approaching < 50.
RSI is beneath market base line and also beneath trade signal line (red).
A cross of 50 line triggers short position.