EURUSD & DXY SMT DIVERGENCE
Good afternoon traders,
Yesteday's free EURUSD signal hit our target of 3.00% return (1:3 RR)
Today, while observing EURUSD and DXY, we noticed that there is a potnetial divergence between EURUSD and DXY i.e. DXY took out previous high however EURUSD did not take out previous low. We also noticed that there is a high volume 4H POI in EURUSD where it reacted to.
We could expect a buy entry on EURUSD soon. However currently we are only observing.
Potential EURUSD trade:
Yesteday's free EURUSD signal hit our target of 3.00% return (1:3 RR)
Today, while observing EURUSD and DXY, we noticed that there is a potnetial divergence between EURUSD and DXY i.e. DXY took out previous high however EURUSD did not take out previous low. We also noticed that there is a high volume 4H POI in EURUSD where it reacted to.
We could expect a buy entry on EURUSD soon. However currently we are only observing.
Potential EURUSD trade:
▶ FREE Telegram Channel - t.me/algotradinggroup
▶ Website - algotradinggroup.net
▶ FTMO Pass Results - t.me/FTMOResults
▶ Weekly Signals Reports - t.me/weeklypips
▶ Weekly Profits - t.me/ATGProfits
▶ Website - algotradinggroup.net
▶ FTMO Pass Results - t.me/FTMOResults
▶ Weekly Signals Reports - t.me/weeklypips
▶ Weekly Profits - t.me/ATGProfits
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.