igorbanker

EURUSD Divergence emerging - SHORT lowterm

Short
igorbanker Updated   
OANDA:EURUSD   Euro / U.S. Dollar
First my Methodology:
1. I draw myself bearish and bullish areas with a help from TrendLines over LowerHighs and TrendLines over HigherLows over basic RSI Indicator and where they meet at the 50 LINE it usually mean it will go into that direction if confirmed with other signals like Divergence (i like to set RSI Indicator a little bit different to suit my needs of finding the middle point). I draw greed/red TrendLines with arrows on 3min TimeFrame and white TrendLines on 13min TimeFrame.

2. I try to find Divergences in different Timelines and see if they appear on multiple TimeFrames and mark them with small arrow TrendLines.

3. If there is an Divergence emerging for SHORT on Bearish area, then my guess is SHORT and if there is an Divergence emerging for LONG on Bullish area, then my guess is LONG

After Drawing everything on the chart I believe - SHORT
(do not believe me...do your own diligence and analyse your trade yourself, this is just my try in looking trading in different picture what it can do and what not :)




Below procedure of my methodology to better understand my result

Trade closed manually:
I HAVE EXIT THE POSITION SHORT

Get access to my script:
- Click a button to make a REQUEST to access this indicator.
- Follow my profile "igorbanker"
- Send me a DM
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.