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Khairambo
Apr 19, 2020 4:40 AM

EURUSD - Look Out For Divergence 

Euro Fx/U.S. DollarFXCM

Description

How to trade EURUSD in Triangle Channel with Divergence Indicator. Look out for next divergence inside the channel. IF it Break out with no divergence, Go For Buy

Comment

1)Buy if break 1.0905 at H1 (close candle at m30 above 1.0905) - wait for retracement, find the lowest point at M15 & M1 for entry. TP at 1.0935, SL at 1.0886

2)Buy if break 1.0935 at H1 (close candle at m30 above 1.0935) - wait for retracement, find the lowest point at M15 & M1 for entry. TP at 1.0980, SL at 1.0905

3)Sell if break 1.0810 at H1 (close candle at m30 above 1.0810) - wait for retracement, find the highest point at M15 & M1 for entry. TP at 1.071, SL at 1.083
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