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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HassanYuusufi
3 months ago
the candel analysis show a up trend and the trend line to... on my chart
Reply
DLavrov HassanYuusufi
3 months ago
what is your time frame?
Reply
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