EURUSD - Failed bullish divergence

FX:EURUSD   Euro / U.S. Dollar
954 26 9
As of today, the impulse is red again. The bullish divergence failed , and because there was no rally, I think EURUSD             is very weak and much lower prices are coming.

Strong support at 1.20, followed by 1.18.

I have made my selling today, and I have my stop above 1.26
Divergence Failures. I like this idea.
vlad.adrian QuantitativeExhaustion
Check the latest on NZDUSD, which got an amazing number of 60 views in 5 days !
+1 Reply
Not exactly a high traded instrument. Makes Sense
vlad.adrian QuantitativeExhaustion
I don't agree with that, it's a sorting problem with the charts. 60 views is way to little even for a not so popular instrument. After all, we are talking about a major currency...
kiwi ?

Compared to EUR/USD , USD/JPY, GBP/USD

I'd say it gets about 1/50 the exposure compared to Euro or Yen. If people don't trade it they don't want to take a look at it. Also you have people that have a large following using media platforms that bring in viewership. If your looking for exposure/popularity you might want to try social media and later your own website. Some even have radio shows here.

I for one, am not concerned about popularity or exposure. Only making $

vlad.adrian QuantitativeExhaustion
Compared to those, of course it's not so popular.

No, I never wanted popularity :D. I don't have facebook, twitter, or a website. I don't have any contact information on my profile.
I see no reason to seek popularity as long as you can make money in this business. When you can't, well... a facebook account is a good idea. This is my personal view on the subject. I was just saying it's a pitty about that chart because we had some discussions in our skype room about the subject, and that chart perfectly proves my point. I don't want to get into details about this here, because it is public and everyone can see

Suggestion: Use a compare with MACDL . Thank You LazyBear
vlad.adrian QuantitativeExhaustion
I don't know how that works, I am more comfortable with the classic MACD. It has done wonders for me :D
It's very easy to read the Leading MACD (L). You use it as indicator vs indicator divergence or also a leading divergent indication.
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