Bearish divergence is forming as the candle created new high while MACD is forming a new lower wave. Keep an eye on the price change and be ready to open short position!
Note
If bearish candle is formed after this hour and MACD is about to form death cross, shall be an opportunity to open short.Trade active
Entered short at 1.85650Note
Move your stop loss to break-even.Note
Moved to TP to 1.84177Trade closed manually
Took profit at 1.84920
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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.
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.