DE30 Daily Short Divergence

Discussion in 'Trade Journals - Show us your Candlesticks!' started by mattbell, May 7, 2019.

  1. mattbell

    mattbell Forum Newbie

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    Looking through the charts, thought this looked pretty good for a Divergence trade. Price/momentum as you can see was slowing down due to the candles. More candles and smaller candles showing less momentum. Divergence in AC indicator (probably in a few indicators really) price dropped below the 8ma and what I liked is it came back and tested that MA and bounced off. Now we will see if we can get a 2:1RR short.

    DE30DailyShort.png
     

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