Can anyone tell me if I'm correct when I say there is MACD divergence on the USD/JPY pair? The MACD high from last Thursday at 3am is higher than the MACD high from this morning even though price hit higher highs. Is this not a good indication that price will drop (change direction)?
If I'm right, I hope I helped someone with a trade and if I'm wrong...Well don't jump into anything until you see confirmation :o)
If I'm right, I hope I helped someone with a trade and if I'm wrong...Well don't jump into anything until you see confirmation :o)