Bearisch Divergence on ABB - Opportunity for shorting
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NYSE:ABB
Time for a bit a of Divergency Trading.
ABB shows a bearish divergence in price and MACD. A divergence is a powerful pattern that means in case of ABB while prices went up, MACD only reached a shallower high creating a bearish divergence.
A pull back of prices into the zone between EMAs 13 && 26 bars could happen here.
交易進行
Yesterday the MACD down tick happened which is a trading signal.
交易結束:目標達成
Initial target of 23.60 reached. You can even get 23.50 I would close now but got stopped out yesterday already by a badly set stp loss.