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DLavrov
17 août 2016 09:25

Divergence and New Entry Level Short

S&P 500 index of US listed sharesFXCM

Description

We had a signal for a short trade based on bearish divergence. But the market moved higher and our trade was not opened. Now we have a new signal and entry level. MACD and RSI formed bearish divergence and at the same time confirmed price reversal from the resistance level. DMI allows open short trades. Entry level should be below MA20 and stop order above the swing high. Profit target is MA50.
Commentaires
HassanYuusufi
the candel analysis show a up trend and the trend line to... on my chart
DLavrov
what is your time frame?
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