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DLavrov
Nov 24, 2016 12:24 PM

EURUSD and Bullish Divergence Long

Euro Fx/U.S. DollarFXCM

Description

The strong support level is a good place where down trend can be stopped. Bullish divergence gives a signal of possible trend reversal and we can open long trades. Entry level is above Kijun line. Wait for a bullish candle with close price above Kijun and place pending orders above the high of this signal candle. Stop orders must be below the support level. Profit targets are 1.07 and 1.08 levels.
Comments
avenezh63
Very carefuly as always. Good analyst....
RobertPapon
I agree with you
DLavrov
@RobertPapon, nice chart!
RobertPapon
@DLavrov, Thanks
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