Yet AGAIN a chance to jump on the USDZAR train!!!!!Set up for another chance on the USDZAR, Lower Low, and a Double top set up on the 30min. what do you guys think?
whatsapp: +27 78 864 5409
Drop-base-rally
NZDJPY Drop-base-drop + 50 febo + previous resistance Drop-base-drop + 50 febo + previous resistance
EUR/USD 240 Divergence with a Hammer at a Demand ZoneThere is some divergence on the 240 min chart between price and the RSI. Price rejected the Drop-Base-Rally around 1.0840's. I'm looking to get long at the 50% retracement of the Hammer candle wick at 1.0847 (check your data.) My stops will be just below the swing low at around 1.0830. I have a few targets at each of the swing highs (1.0885, 1.0943, and 1.1060) Good luck trading.
