Here we can see clearly Divergence on the RSI indicator from the actual price action on the chart, & while on our 4hr chart I see that it might form (H&S) Reversal pattern but it might start form the right shoulder or just drop down nicely & straight to my TP(yellow line).
Hope you guys caught some nice pips from my previous post (1hr quick scalp), looking at the chart it did drop nicely, & I see there’s more potential for more down trend till it touch the (yellow line) on the RSI indicator. Hopefully it goes well, keep a close eye on Gold world’s number 1 precious yellow metal.
Happy pip hunting traders.
Hope you guys caught some nice pips from my previous post (1hr quick scalp), looking at the chart it did drop nicely, & I see there’s more potential for more down trend till it touch the (yellow line) on the RSI indicator. Hopefully it goes well, keep a close eye on Gold world’s number 1 precious yellow metal.
Happy pip hunting traders.
