EURUSD Bearish Divergent Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 7, 2021 3:25 PM

price retesting lower channel but we have bearish divergent on RSI.
There's a possibility price to break the channel.
preparing sell when price break.

RR on chart

Comment

⋅ Jan 11, 2021 5:42 AM

Running +60 pips
Set SL to breakeven

Comments

abel11

⋅ Jan 7, 2021 4:06 PM

i think this will be a big drop, considering the long bearish divergence even on higher timeframe

tom_mok

⋅ Jan 7, 2021 4:13 PM

@abel11, i hope so. let's see

benstifler

⋅ Jan 7, 2021 3:51 PM

There is a 68.1 Fibo Rejecting zone on 4H TF on what should i get more confirmation here rejection or bearish divergence

tom_mok

⋅ Jan 7, 2021 4:12 PM

@benstifler, yeah we need confirmation before jump into trade. if it's break, will sell it