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DLavrov
May 23, 2017 3:19 PM

EURUSD Bearish Divergence Short

Euro Fx/U.S. DollarFXCM

Description

Bearish divergence is a solid signal for trading against the main trend. Price bounced from the resistance level and RSI confirms price reversal. DMI allows open short trades. We can sell below 1.11750 with stop above 1.12500 level. Profit targets should be at MA50 and MA100.
Comments
jojofang0901
Beautiful trade setup, thank you for sharing your view. I have similar idea as well on this pair.
ploskyx3
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