Could this be the end of the bullish momentum?
- ABCDE complete
- Bearish divergence
- Key resistance
I wouldn't be surprised if we pushed up to 127.00 before falling.
- ABCDE complete
- Bearish divergence
- Key resistance
I wouldn't be surprised if we pushed up to 127.00 before falling.
Note
- RSI divergence*Trade closed: stop reached
Closed my long position in favour for the second setup of the wedge and missed another 340 pips.Gutted, but it could've just as easily have gone the other way.
Next up, more Fundamentals training.
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Related publications
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.