Bullish divergence on EUR/USD 4h
Hello guys,
As you can see on the #EURUSD chart in the 4H time frame, it is consolidating within the liquidity box and has formed an RSI bullish divergence pattern. I’m going to open a trade with an R/R of 6 and a stop loss of 8 pips when break-out happened above the box.
Don’t forget to keep your risk at 1% per trade. That’s a crucial rule that could be the key to your success.
Good luck!
As you can see on the #EURUSD chart in the 4H time frame, it is consolidating within the liquidity box and has formed an RSI bullish divergence pattern. I’m going to open a trade with an R/R of 6 and a stop loss of 8 pips when break-out happened above the box.
Don’t forget to keep your risk at 1% per trade. That’s a crucial rule that could be the key to your success.
Good luck!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.