Kumowizard

A more interesting short term divergence. (Can be positive)

FX_IDC:EURUSD   Euro / Dollar AS
12
This type of divergence is called "inverse positive divergence" and it is quite rare:
Price makes a higher low, while haDelta and haOscillator cross up from a lower low point!

It will be interesting. If Bears fail to push it below 1,0520, it will lead to a double bottom and they will face trouble. Especially above 1,0600-1,0620.

Daily is still in spot Kumo cloud. (please see previous post below)

NOTE: No call for Long entry yet!


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