EUR/USD Daily and 4-hour chart/s show Hidden Bullish Divergence

٣٠ يناير ٢٠١٧

1) Looking at a bigger picture EUR/USD Daily Chart shows pair within the vicinity of 0.382 Fibonacci Retracements Levels (most likely) caused by traders taking profits & selling the pair.



2) EUR/USD Daily and 4-hour chart/s show Hidden Bullish Divergence indicating underlying strength. Good entry or re-entry that occurs during retracements in an uptrend. Nice to see during price retest of previous lows. "BUY the DIPS".

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4-hour Chart still shows Hidden Bullish Divergence


4-hour chart = 54% Bullish EURUSD
Daily chart = 60% Bullish EURUSD
Weekly chart = 71% Bullish EURUSD