DLavrov
Long

Bullish Divergence - False or True?

FX:GBPUSD   British Pound / U.S. Dollar
88 0 8
It's not the perfect bullish divergence which could be. But price has not moved below 1.2790 for several days. May be it's time to think about long trades? What do we have for this? On daily chart MACD and RSI confirm long trades. We can try to open trades with close profit targets on hourly charts. As for 4H we have bullish divergence on MACD and RSI . I'm not sure in this signal, but if price does not move lower, it will go up and we have to be ready open long trades. Possible entry level is above 1.3020, stop order should be placed below 1.2780 and profit target is Moving Average with period 100.
From 5000$ to 15000$ in 65 days of BTCUSD trading. An interview with my collaborator Oleg at Tradunity! Read it here: https://goo.gl/5FQU3X

Try Free Bitcoin Trading Simulator: http://bit.ly/bitcoinflip

Free Forex Signals: https://www.fxluxus.com
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out