Even if it's holiday tomorrow, forex is still open ...
Let's take a look of EURO first, first on the 1h chart, I see a triangle after this down leg, usually it means continuation, but it's also possible to break out upwards as it's trying to do ...
九天 发表于 2013-1-21 02:22 AM
绿大,我观察了EURUSD的5个常见TA指标,都出现背离现象,是不是一个做空机会,欢迎各位老大指教。
Good point! EURO potentially is making a double top, but we usually wait for a break out of the neckline to short it ... negative divergence alone can't be used to short since you don't know when the trend will stop.
GBP broke down the previous low! So our last long was stoped out. Once again, buying dip is a high risk game, even if the reward/return ratio is high ...