DLavrov

EURUSD Bearish Divergence

Short
FX:EURUSD   Euro / U.S. Dollar
Probably we'll have a signal for sell soon. Price and RSI diverge and it's time for searching for an entry level. MACD and DMI confirm up movement and we'll need to wait for their reversal. When we get such signals from indicators, we'll have to place our sell orders below the low of the signal candle. Stop orders must be placed above 1.0750 level. Take-profit orders should be placed at MA50 and MA100.

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