Euro represent a bearish and hide divergence
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,