morshedul.sazid

Tips to identify new trend.

FX:EURUSD   Euro Fx/U.S. Dollar
After a series of lower lows we see the markets making new structure high and then it retraced ( pull backed) and then broker the new structure high. We can see the RSI divergence which means the previous trend is almost dead and loosing out of gas. But hey, Not every RSI divergence work, you need to have additional PA( Price action) to it. A setup like this. I am not done yet. I will continue this post.
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