drop-base-rally

ChrisThein ChrisThein EURUSD, 240, Long ,
EURUSD: EUR/USD 240 Divergence with a Hammer at a Demand Zone
151 2 5
EURUSD, 240 Long
EUR/USD 240 Divergence with a Hammer at a Demand Zone

There is some divergence on the 240 min chart between price and the RSI. Price rejected the Drop-Base-Rally around 1.0840's. I'm looking to get long at the 50% retracement of the Hammer candle wick at 1.0847 (check your data.) My stops will be just below the swing low at around 1.0830. I have a few targets at each of the swing highs (1.0885, 1.0943, and 1.1060) ...

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