EURUSD daily uptrend started to show weakness again, with RSI diverging at 60 as resistance on each new highs of the pair (after previous top behaved the same at 70), noticeable divergence on MACD as well. Break of the trendline proved to be a nice sell signal. After today's price action, looking to lower the stop loss based on market structure on lower timeframes with final target to complete the bullish gartley possibly forming now. Should the Gartley complete, will look on lower timeframes for signs of weaknes to open longs.
Good luck, everyone!
Good luck, everyone!
