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Make 100 pips Trading Divergences
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[QUOTE="Joseph Fibonacci, post: 132564, member: 42934"] Sticking with the "Divergence" concept on this thread... Its time to start watching the EUR/USD closely. There is a lot of CCI divergence on the 4 hour chart. The bodies of these candle remain inside the Bollinger Bands and there is already a bearish engulfing candle. Now this doesn't necessarily mean to short this pair right now... if we don't get the confirmation we need... there is still the chance that price could retest the highs one more time. And if the conditions are right.. price could spike up significantly... the best way to trade this is to wait for confirmation. see chart. [IMG]http://bestforextradecopier.com/wp-content/uploads/2017/03/2017-07-25_1932__hour_EURUSD_chart_divergence.png[/IMG] [/QUOTE]
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