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untpolevault21
Feb 8, 2018 6:48 PM

HUGE BEARISH DIVERGENCE SHORT WITH BEARISH ABCD CONFIRMATION! Short

USD/CADOANDA

Description

very big bearish divergence between the price chart and RSI , watch this pair and if you see a crossover between my 2 exponential moving averages SHORT THIS PAIR, im already jumping in because I live like that haha but for confirmation of a 200 plus pip short wait for the crossover of the EMA's and then your set! don't trade all emiontal and hype like I do, this is a bad example with all the caps and stuff but im using throw away money so my scenario is different, good luck

this is a repost but I went back and drew an bullish ABCD pattern which also confirms the downtrend, yes BC is only about 50% of AB but in strongly trending markets thats normal and just means the fall will be that much further and the lines I drew are possible exits based of the ABCD

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