EURUSD Long - 1 year long inside bar breakout

FX:EURUSD   Euro / U.S. Dollar
154 4 10
EURUSD             has successfully break an inside bar formation in which price was trapped for more than a year and closed above it for the first time.

RSI Divergence (easier to see with Line Chart) sustain my bias.

You're missing the big bear divergence on that chart between that 1.17 high and now..
Prome 99nines
If you mean the RSI divergence between August 2015 and now for me is not significant because price was not in oversold territory.
Also, for me is more useful to see divergence with a Line Chart in which this divergence is not present.
+1 Reply
99nines Prome
fair enough, this scenario is very possible if 1.1462 is broken in a few hours
Prome 99nines
Also 2015 high will be an interesting point! Let's see! :)
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