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starek22

EURUSD RSI Divergence to the Downside.

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
starek22  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
The RSI14 shows a clear Divergence on the EURUSD 1H chart to the downside, after failing to break the previous resistance area (1.1940 - 1.1965) for the 5th time since August. Breaking the trend-line and the support area plus breaking the EMA50 on the 1H chart will show on the pitchfork where the EURUSD might be going. Three black crows is a conformation for a sell trade.
EURUSD
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