Strong fundamentals and the action of price both support the sell from the psychological level at 1.13500.
Price action + technical indicator (preferably one of the oscillators) = Divergence
Price made a high broke it and made a Higher high on the chart and on the RSI. Iit made a high and a lower high, price couldn't break that high on the RSI and viola, Divergence was handed to us on a platter !.
EURUSD is going to sell but it needs to consolidate a bit to gather enough volume to do just that !.
Parameters
Sell EURUSD to the next psychological level or like 10 pips before 1.13000 which is exactly 1.13100
Set your stop 🛑 loss @15 pips above entry which gives us 1.13650.
If price hits our stops, we sell again, maintaining our stop level at another 15 pips and that will be all for the day if fundamentals fail us during NYSE.
WE ARE SELLING JUST TWICE. KEEP THAT IN MIND !.
Price action + technical indicator (preferably one of the oscillators) = Divergence
Price made a high broke it and made a Higher high on the chart and on the RSI. Iit made a high and a lower high, price couldn't break that high on the RSI and viola, Divergence was handed to us on a platter !.
EURUSD is going to sell but it needs to consolidate a bit to gather enough volume to do just that !.
Parameters
Sell EURUSD to the next psychological level or like 10 pips before 1.13000 which is exactly 1.13100
Set your stop 🛑 loss @15 pips above entry which gives us 1.13650.
If price hits our stops, we sell again, maintaining our stop level at another 15 pips and that will be all for the day if fundamentals fail us during NYSE.
WE ARE SELLING JUST TWICE. KEEP THAT IN MIND !.