Short EURUSD : Double Top n RSI divergence

FX:EURUSD   Euro / U.S. Dollar
EURUSD             gave us 2 back to back chances today, the first being symmetrical triangle and now Double top . Probably a lucky day for us with EURUSD             combo. This double top also has bearish divergence, current candle being Doji wait for bearish confirmation to enter short.

Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
Comment: Double top invalidated, so trade cancelled
lower lows on price and rsi, that is not divergence.
InsiderB 99nines
yep, you are going by textbook reference I do agree. In my school of thought Double top with rsi lower high is divergence.
99nines InsiderB
yea... text book is usually better
InsiderB 99nines
Again, I agree but textbook theory is different from practical application :)
99nines InsiderB
This wasn't a bad idea.. made total sense in my book as well, just the rsi thing was off... with double tops you REALLY want textbook divergence.
InsiderB 99nines
ok fine dude ! :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out