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the5erstrading
Feb 12, 2019 3:31 PM

CCI Divergence In Hourly Chart On EURUSD 12/02/2019 Long

Euro Fx/U.S. DollarFXCM

Description

The EURUSD is after a wick downtrend, also, the divergence on the CCI indicator indicates that the bearish momentum lost power, I'll wait to see if the price Will break out the resistance above, and if so, I'll look for price action setup for buy position, my target will be the resistance at the top.
Comments
MoneyballAustin
MoneyballAustin
hey 5. here is my EU daily chart. ive been playing the range on the daily/4hr. and with the 4hr now breaking trend lines and downward momentum. i will look to a small position long on a pullback at the extreme.
cheers
the5erstrading
@MoneyballAustin, Saw it just now, wish you success trading
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