eurousd... going down
little divergence for a few pips.. but overall H4 rsi going down.. waiting for better price.
little divergence for a few pips.. but overall H4 rsi going down.. waiting for better price.
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Dislikedeurousd... going down
little divergence for a few pips.. but overall H4 rsi going down.. waiting for better price.Ignored
Dislikedand this is the last chart, 7minutes (M7). this should tell us the moment when another push down starts.
we can see that M40 stochastic is OB, and that M7 histo macd and cci start showing the classical bearish divergence. this is the sign that the rally is weak, but i would guess there is a little more room to the upside. we are waiting for a confirmation and then open a short with TP below last minimum (1.9584), targeting 1.9570 area (remember that supporting trendline on h4 chart... that should be the target).
and that's all i have to say.
any comments?Ignored
DislikedScrat,
would you mind sharing your indicators and template please. it looks different than the ones you've posted last time. Thanks in advance.Ignored
Dislikedhere: http://forexfactory.com/showpost.php...ostcount=90072
the third indicator is stochastic histogram, i only use it occasionally. it's actually similar to a regular 5,3,3. but i'll post it if you want it.Ignored