Gold 2h long - Momentum vs. Price Divergence

28 ก.ย. 2017

On the 2H chart, there is a Divergence of Price against Momentum. My Indicator/ Study "Jeddingen Divergence" shows green lines in case such a Divergence occurs.
The past two Divergences of this kind worked very well - they are shown on the chart as well.
I guess that Price will rise to 1288.551 - there is a former support that now might act as resistance.

28 ก.ย. 2017

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Target was reached, looks like CCIDivergence works very good on the higher timeframes