vdubus

EURUSD / Bearish hidden divergence / short

Short
FX:EURUSD   Euro / U.S. Dollar
Bearish hidden divergence @ previous resistance / short

Comments

Take A Look at the daily ,eur/usd Looks like tweezers Bottoms??
+2 Reply
vdubus fxing
@fxing, Until it breaks the previous high who cares ? Simply play it from the next high.
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It Looks Bearish , But we could get one more small push up??Then the sell off.
+1 Reply
vdubus fxing
@fxing, then it wouldn't be bearish hidden divergence, there would be no divergence =weakness = trend continuation Long
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fxing vdubus
@vdubus, OK the Divergence Is the Key !!!
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vdubus fxing
@fxing, 1in relation to previous highs or lows
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vdubus vdubus
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what indicator/strategies do you use???
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YEP Tweezers Bottoms on the Daily tf is BULLISH !!!
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vdubus fxing
@fxing, you miss understand the concept. Because now the previous high is broken the first HD is invalid. There are still two / three potential HD previous highs offering potential reversals. Candle stick analysis isa whole other strategy. That being said good eye for identifying the setup :)
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