ucsgears

EURUSD - Concept of Acceleration / Deceleration

FX:EURUSD   Euro Fx/U.S. Dollar
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Trendlines can tell you the entire story. If Trend Lines are getting steeper from a base, MACD ( momentum ) Indicators are bullish . When the trendlines starts to flatten out after a steeper move, There will be a divergence. Also remember, indicators have look back period, When you draw a trendline, you can feel the chart.

Watch for the Trend Line to break to retest a good support.

GL.
FOREXEL
2 years ago
There is a lot to learn from you, thanks for sharing! )
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ucsgears PRO
2 years ago
Guys, I am just sharing How the Indicators records divergences using trend lines. There is an inverse H&S pattern as well. Did not show that, because the message i am trying to convey can become confusing. So I tried to keep this clean.
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