EURJPY on 2 July 2013 was not move as volatile as usual. A sideway price movement was shown as there are not many important news on that pair. But, we have a nice divergence trading setup on EURJPY 2 July 2013 on M15 time frame. A Bullish divergence on CCI indicator has given us some green pips. See the chart below
The bullish divergence has pushed the EURJPY to move up about 60 pips. And when I write this post, the price move up again after a deep correction. Trading divergence can be profitable if we can treat it well. Practise our self to spot both divergence and hidden divergence.
0 comments:
Post a Comment