DLavrov
Short

Divergence and New Entry Level

FX:SPX500   S&P 500 index of US listed shares
We had a signal for a short trade based on bearish divergence. But the market moved higher and our trade was not opened. Now we have a new signal and entry level. MACD and RSI formed bearish divergence and at the same time confirmed price reversal from the resistance level . DMI allows open short trades. Entry level should be below MA20 and stop order above the swing high. Profit target is MA50.
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the candel analysis show a up trend and the trend line to... on my chart
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DLavrov TOP HassanYuusufi
what is your time frame?
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