Fxprotrader
Long

EURUSD: Short Term Buy Setup

FX:EURUSD   Euro Fx/U.S. Dollar
801 4 39
Overall EURUSD             is bearish , and i am still in a short trade expecting a further move to the down. But now we might have a pullback as we have a big bullish divergence in MACD which is a sign that price is losing steam. So for those who haven't joined the short position, waiting for a breakout above the descending channel and going long, is a nice idea
Comment: Price has broken above the descending channel. We may now watch for a buy setup based on your strategy.
snapshot
may i know the setting for MACD.. thanks you
Reply
Fxprotrader pondabyte
It's MACD 4C, standard settings
Reply
Agree.I've got the same view on this
Reply
Great to know
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out