Trendlines and Divergence Strategies - page 2
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RSI Upper TL Break
The upper trendline of RSI has been broken , prices have met resistance testing it 3 times. Buy possibility.
Eurusd Buy
Break higher. Long Position Now.
Ranging
You don't lose money if you don't trade.
Tl Break And Divergence On Cci
The rising trendline has been breached twice and now there is a divergence on CCI. This would be a nice short trade setup for tonight. There was a false zero line reject which saw me enter a buy position. I exited the 1 pos with a profit of 10 pips and I am getting out of the open one to take a short.
Confidence On Divergence
As you can see from the move we made, you gain more confidence when there is a divergence on CCI. That was a good 70 pip move.
Targets
Proper exit is very important. I use Camarila and Fibs to determine target takeprofit levels. I like the 2.5 S/R level. I find it safeas a target. Dinapoli also gives you good targets.
Buy Setup
We may be looking at a buy setup here on the EurUsd. Buy with confidence.
Exit Long
I was stopped out at R2-1.1833 since the R2.5 Target was not achieved and price retraced and my stop was hit. Missed the Target of 1.1850 by 1 pip.
I was stopped out at R2-1.1833 since the R2.5 Target was not achieved and price retraced and my stop was hit. Missed the Target of 1.1850 by 1 pip.
Hi, could you pls post your pivot indicator. tks vm in advance.
test of low
Tonight we might see prices test yesterdays low. RSI 14.