The5%ers Blog

CCI Divergence In Hourly Chart On EURUSD 12/02/2019

cci divergence eurusd 12-2
The EURUSD is after a wick downtrend, also, the divergence on the CCI indicator indicates that the bearish momentum lost power, I’ll wait to see if the price Will break out the resistance above, and if so, I’ll look for price action setup for buy position, my target will be the resistance at the top.
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