trading divergence. price moving up but rsi moving down
Looking to drop about 100 pips to go back up about 300 pips.
Looking for price to continue to the downside. I hope it breaks to the Up but it does not look good!
Looking for the market to continue down. 30 Min trend line broke but will still look for the sell till the market shows an uptrend has started. Will enter a Demo trade due to news coming Entry = .88983 SL = .89134 P TP1 = .88770 (Alert set on the line) Lot= .05 Looking for 20 PIPS!
Entry was at .89504 SL at .89080 TP set for .90789 Alert to move SL into Profit at .89930
Looking at the DBD like candy Blue is the entry Pink is the SL The alert is set fo move SL into profit Green box is an area for us to have a look for a potential turn (but its consolidating so it's not likely) TP looks like .0166
Looking to enter a sell im the red box. Looking for 57 pips.
BUT... I am looking for price to turn around. Looks like a sell is in the works at the current level but if price breaks above the yellow line I'm looking for price to turn around at about .90844 and drop down.
I am trying to scalp!!!! looking for price to go down then back up!