Hey traders, looking for a bullish breakout to continue the bullish impulse on this pair. MA cluster may provide additional support. SL @ 1:1 with target at 1.272 extension. Cheers
Like the idea GM. I am seeing MACD bearish divergence on my 1H charts. Do you ue divergence in your trading?
glennmercer
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Thanks Olu. I don't typically use divergence since I am mostly a breakout trader and divergence is so ubiquitous with breakouts. If I'm trading a reversal I will sometimes use it to make a game-time decision however.
Olu
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@glennmercer, Thanks for the clarification. Good luck on this one.