BEARISH GBPUSD 1 Hour; RSI bearish hidden divergence

Par orvilleawright
Nov 16 2015: BEARISH GBPUSD 1 Hour; RSI bearish hidden divergence

(Analysis Based on 1 hour chart)

Observations

1. Price in short term bear channel;
2. Price at 4 hour SR zone
3. RSI overbought at swing high
4. RSI bearish hidden divergence
5. Potential bearish BAT pattern

NOTE: Wait for price action to confirm the importance of this level.

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Descending Channelgbpussdhiddendivergencehourlyorvilleprice-actionrsi_divergencersi_overboughtSELLshortsupportSupport and Resistancewright
orvilleawright
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