fxplan

GBPUSD: Short setup

GBPUSD: short-term in a bullish bias since formed a hammer candle stick formation on daily chart(21 Jan 2016) after hit 1.4080 key support.

Short Setup:
1. Doji candles
2. 50-day EMA rejection.
3. 50% fibo retracement
4. RSI hidden bearish divergence
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