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

WE FUND FOREX TRADERS!

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