EUR USD sample short term set up

FX:EURUSD   Euro / U.S. Dollar
1511 9
This set up usually best after a steep decline or a strong run up. The main thing to look for is DIVERGENCE. You can use other momentum indicators to spot divergence. Here I've used a slower momentum TRIX and a faster momentum StochRsi. When averages are too far apart that is also is a sign that price has gone too far away from the mean so it often signifies overbought or oversold conditions,when they squeeze tightly together it signifies indecision (flat market).
Long term chart 1w 2w work with these parameters ?
nmike QuantitativeExhaustion

nmike QuantitativeExhaustion
....divergences must be supported by reversal candle patterns
I decided to take out the 30 ema so that we have a set of 2 averages,easier to see the activity between the short term 10&20 and the longer term 40&50 and it looks a bit cleaner
High probability reversal and or continuation set up sample: Bollinger Band squeeze + significant positive divergence
>>>> another sample set up, see bottom of chart
>>>>> more short term example set ups
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