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EUR - GBP

  • #1
  • First Post: Jan 26, 2009 3:26pm Jan 26, 2009 3:26pm
Is this an example of a bearish divergence?
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  • #2
  • Last Post: Jan 30, 2009 5:35am Jan 30, 2009 5:35am
Quoting osceiv2
Is this an example of a bearish divergence?
Yes.
I would have sold a close below the recent double bottom.
In this case, the candle would have closed @ 9292....I would have placed a limit sell @ 9300...s/l 9425...Move stop to BE @ 9220...TP @ 9075.

Of course hindsight is always 20/20
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