Obvious bearish divergence!!!

FX:EURUSD   Euro / U.S. Dollar
374 6 17
lets see when eurusd             breaks above this divergence.

Potential strong long area!!!
Comment: bullish rebound from key level, target to upper line of middle channel and pending sell from this line as well.
Comment: get ready for short after testing upper line of bearish channel.
Comment: still in bearish trend divergence zone. price is prone to come down after hitting top of the bearish channel.

Comment: we are at bullish divergence and bearish trend end breakout. price could retest breakout area before continue bullish trend.
Comment: one more short rally is needed before bulls come in play.
Hi Arif wat drawing object you are using to draw this chart??

Really amazing
arif_awan piptamil
parallel channel.
arif_awan piptamil
parallel channel
piptamil arif_awan
Thanks Arif...
market is close
arif_awan jimbolopez28
yes it is. its gonna open Estern time 5:00 pm on sunday.
+1 Reply
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