they strenghten € & weaken $ export is the key for recovery

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divergences is basicly lack of momentum that can point a reversal you are correct

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it shows the lack of momentum in math base (which I was afraid of ) did not think that way before. thanks for heads up

EURUSD

but yes you may be wright

EURUSD

Rag2RichesFX with respect to your trading experience for me divergence is result of basic mathematical calculation based on differencies of calculated Moving averages. at that point indi head/downs to 0 level. walker.

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short scalpers has a poss at 2949 there may be strong smash if it reach there walker.

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first target 2933 tested need a touch to 2949

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not moving as expected lack of momentum!

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5 min to daily charts all upper channels broken

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PS : due to data feed difirencies fractal is the most unmatching indi from broker to broker walker.

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& it just did it ( according to my chart ) broken channel remain

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if hourly bar cant go higher then 2928 new fractal will be printed and actual broken chanel dissmiss

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5 15 min lower channels broken

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news triggers does not give direction to mkt tested & approved

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no major news no momentum as mkt trading news these days

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MFE 20 floating +8 stall @ 2919 4H upper channel will keep it running until 2880

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up up & away

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today daily chart printed a upper 2 bar fractal @ 2959 speed & momentum of passing that level is important. PS : if it goes up there

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15 min is expanding this means a directioanl change the key level for 15 min is 2899 below that it will move down walker.

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MFE 13 floating +2 4H upper channel still resisting @2919 no smash yet but also no move to favor. walker.

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