reasons to sell if price breaks below the following grey rectangle:
1- divergence on macd ( macd used from the one on mt4 , recoded on pinescript)
2-head and shoulders pattern
3- trendline break ( the break coincides with the head and shoulders neckline)
4- psychological number 0.9 ( break below it)
5-break of support
as you could see here there are more then 5 clues for a sell opportunity on eurgbp.
trigger would be a momentum candles break below the grey rectangle
for more info on the diamonds used on my chart contact me , would be happy to help , cheers.
1- divergence on macd ( macd used from the one on mt4 , recoded on pinescript)
2-head and shoulders pattern
3- trendline break ( the break coincides with the head and shoulders neckline)
4- psychological number 0.9 ( break below it)
5-break of support
as you could see here there are more then 5 clues for a sell opportunity on eurgbp.
trigger would be a momentum candles break below the grey rectangle
for more info on the diamonds used on my chart contact me , would be happy to help , cheers.