ilmscore | GBPUSD + Crazy profits + RSI Divergence trading

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
The trader is closing a long position on GBPUSD to initiate a short position, citing a breakout after consolidation following a bounce off daily support, with a 3.1 risk/reward ratio.
"So currently before we talk any more about this trade I am long on the pound dollar at the moment from a trade that we took a few weeks ago in the EAP this trade was bouncing off daily support which is indicated by my blue line here here this was a daily support level and what I was waiting for after bouncing off that daily support level is some kind of period of consolidation followed by a breakout so here's a period of consolidation followed by a breakout stop loss below swing low targets are currently sitting at about a 3.1 risk reward and I'm actually going to go ahead and take profits on this trade in order to go short here on the pound dollar"
GBPUSD
Pending
The trader is entering a short position on GBPUSD based on RSI divergence, a daily structure level, and a double top with a shooting star candle, targeting a previous support level.
"and now that that position's been closed I'm actually going to go ahead and take this Market short for the reasons we've discussed we have our RSI Divergence our daily level of structure and a double top here with a shooting star candle let's set up our position tool and see if we can get an initial Target down here at this previous level of support"
GBPUSD
Pending
The GBPUSD short trade, published on TradingView, has moved approximately 20 pips in the favorable direction.
"so I did want to show you guys that I did publish this idea to trading View and if you'd like to follow me on trading view then there's a link in the description below this video or you can just search Stephen Capital H in trading View and I know I said I was going to wait until this trade hit targets or stop me out before I publish this video but it's been a while since I post a video here on YouTube and I'd really like to get this out to you guys and give you some good educational content before the week's over so what I'm going to do is go ahead and post this to YouTube before targets were hit as you can see we've started to move in the correct direction so far about 20 Pips to the good on this specific trade"
GBPUSD
Pending