Euro represent a bearish and hide divergence
Updated
In this analysis, in H4 timeframe, we see that Euro is into this bullish channel, but as recomendation is put any long position as buy order, I put my buy order at $1.1943 USD with a SL at 44 pips and take profit of 130 pips.
Now, in the RSI show a hide and bearish divergence that show a higher lower and the price action show a higher high, that is a momentum of change of trend.
Now, the candlestick today is closed up formed a bearish hammer, this is an indication of more drop!!!!
Also, in the other pars we need to check out if there will be a other form of watching of the market of to going agains the trend, I see the same situation of other pars.
Now, in the RSI show a hide and bearish divergence that show a higher lower and the price action show a higher high, that is a momentum of change of trend.
Now, the candlestick today is closed up formed a bearish hammer, this is an indication of more drop!!!!
Also, in the other pars we need to check out if there will be a other form of watching of the market of to going agains the trend, I see the same situation of other pars.
Order cancelled
The operation was cancelled never the EURUSD touch my sell order limit,
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