OANDA:EURUSD   Euro / U.S. Dollar
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the 4 hour divergence on euro            

what to look for using elliott wave ( on 1h and 15 minutes)

ending diagonal warns of reversal ( only to that specific time frame ) if you get an ending diagonal on 1 hour and then on 15 minutes as well the fall should be compounded

if you can learn this sl can be very minimal and support and resistance levels can be an addition (where to look for ending diagonals) rather than a strategy on their own

Comment: I forgot to mention the target for the ending diagonals all time frames is the start of wave 1 (the white line on 15 chart) minimum
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