Strong divergence of technicals, expecting breakage of the blue line for a bullish entry. Yellow line is the target area. I would to hear your opinions on my analysis.
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fendirianto
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I think it's better not use divergence at strong trending market..
UnknownUnicorn129775
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Not agree. ECB will make EUR go down in 2 days. In TA view seems a nice trade but you also need to use FA.
Berny
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The ECB is already priced in. We will see. I believe it goes higher than 1.08
UnknownUnicorn129775
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Not everything is priced in, Draghi could extend QE and maybe negative rates, we will see what he does in a 2 days.
Of course the fall will be limited but I think it's currently going up a bit before re-test year lows and go back up. Also take care with FED.
I add you my chart.
Berny
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So far I love your analysis a lot!!!! Go on like that. Thank you very much
AdnanKhan
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thank you for the positive feedback
YR
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Good but i have another opinion ,once the Pairs in D.T at major frames then i can neglect and drop the divergence occurred , much better to wait for price confirmation.