GOlD - Bullish Divergence on the DPO
XAUUSD is gearing up for a breakout due to possible bullish divergence forming on the detrended price oscillator.
Set alert on the dpo for when it crosses 0 threshold.
And then average in 4-5 entries over the next couple of hours.
Excellent entry point because stop loss can be set very tight to entry
Always set stop loss.
The detrended price oscillator is a free to use indicator in Tradingview's "Built-in" section.
Set alert on the dpo for when it crosses 0 threshold.
And then average in 4-5 entries over the next couple of hours.
Excellent entry point because stop loss can be set very tight to entry
Always set stop loss.
The detrended price oscillator is a free to use indicator in Tradingview's "Built-in" section.
Note
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.
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.