Tuesday 15 November 2016

GBPUSD Signal Not Strong enough, New Signal with Crude Oil.

With yesterday's post we were expecting to get a sell signal by the end of the day, but the signal is weak because, while the bar closed near its low it was still not low enough. Some one may chose to sell with the unfolding chart pattern but I prefer to wait for only the best signals.

 So we have a very strong signal with Crude Oil. The strong sell off in Oil which has met with a strong support at the 43.00 zone if further supported by a clear divergence.

This is our first signal:
Entry Order in Oil at : 43.85,
Stop Loss:                  42.00,



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