Commencez
babasholajoshua

Hidden bearish divergence spotted on EURUSD, SELL OPPORTUNITY

Short
Euro / Dollar Américain (FX:EURUSD)  
babasholajoshua Mis à jour   
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Technical Indicators Beyond Technical Analysis eurusdshort divergencetrading divergencedetection divergencebearish divergencersi divergenceplay divergencepattern
8
2
trendanalysis indicator beyondta eurusdshort divergencetrading divergencedetection divergencebearish divergencersi divergenceplay divergencepattern
Hello traders, welcome back to my divergence trading idea. Today, EURUSD form a Hidden Bearish Divergence on the H4 TF as price had made a Lower High (LH) while the RSI Indicator had made a Higher High indicating price can move further down as the price is in a downtrend. Also on the H4 TF, price rejected the recent high trendline around 1.11203 which could mean more sellers are coming in.

A trade entry can be made around 1.10285 with TP placed around 1.08461 and SL around 1.10863.
The RRR is 1:3.21 making it a good trade
Transaction en cours:
Trade triggered
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.