farid_ardavani
Short

Divergence trade: DXY short setup

TVC:DXY   The U.S. Dollar Index
33 2 2
look at divergence; this trade is about divergence.
this pattern seems to be an ending diagonal
snapshot

but on the 4 hour it seams to me opposite divergence what do you think
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farid_ardavani piotrfieldsend
i think that divergence on 4h has been finished, as you can see in your chart and my chart price has moved upside after that divergence and now it is losing momentum in lower degree and note that its near broken trendline and the upside movements is weaker; maybe it is going to retest the broken trendline but i think upside trade setups are more risky now. good luck.
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