The5%ers Blog

MACD Divergence In 1Hour Chart For GBPJPY 04/03/2019

macd divergence on usdchf 4-3

As we can see on the 1-hour chart, the USDCHF has a nice rally, it seems that this bullish momentum start to lose power, the divergence on the MACD indicator Indicates for the upcoming bearish momentum, however, I’ll still prefer to wait and see if the price will breakout the support below, if that happens, I’ll look For price action setup for sell position and my target will be 144.00 zones.

The5ers Tradingview Channel

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on telegram
Share on email
Share on vk


The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

Close Menu

Your message is underway!

You will be hearing from us shortly