Persephone_AM

Fibonacci Trading And Price Action

Short
Persephone_AM Updated   
FOREXCOM:EURUSD   Euro / U.S. Dollar
I set up a Fibonacci price cluster with resistance on the H4 time frame.
I hope at the price cluster above the price can change the current trend.
I also noticed a bearish divergence on the H4 timeframe of this currency pair between price and MACD histogram.
Let's wait and see how the price will move when the 4-hour price bar closes.
Comment:
Bearish divergence on H4 frame, And it has not started yet.
Trade active:
If you enter an order like I analyzed. I urgently request trading volume appropriate to the account.
Comment:
Comment:
Launch divergence signal based on DXY.
I think I will trade on many other products directly related to the USD
Comment:
Wow, let's pick up money falling on the floor, everyone.
I advise you to leave your stop loss at the breakeven point, and close most of the profit you have made, so that even if the order hits the stop loss, we will always win. Or at least you should leave your stop loss at the breakeven point.
Comment:
I closed the majority of the trade when I reached a profit of 23 PIP, and left my stop loss at the breakeven point.
Comment:
Bearish divergence on the H4 frame has also been activated. You can go to a lower time frame to check when the divergence starts.
You go down to frame H1 to check the divergence when starting frame H4 faster than waiting for H4
If we go down to the 30-minute frame, I think they will be faster but also have more noisy information.
Comment:
Comment:
On the 30 Minute time frame, the MACD Histogram bar has turned red and is smaller than No. I see the price going down even further. But with me. "Knowing when enough is enough is an advantage!"
Trade closed manually
Comment:
Analyzing and finding good entry points will bring more profits and minimize risks in the long run.
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