Hello, this is a quick setup to scalp some pips using convergence-divergence setup.
On H4 chart we see a convergence, price is now doing a pullback
Here on H1 chart price is ready to test the trendline, my prefered level to entry is the 0.61 fib, just at tha resistance level.
I will place a sell order limite there
1st. target: last lows
2nd. target: 1.27 fib projection
Regards.
On H4 chart we see a convergence, price is now doing a pullback
Here on H1 chart price is ready to test the trendline, my prefered level to entry is the 0.61 fib, just at tha resistance level.
I will place a sell order limite there
1st. target: last lows
2nd. target: 1.27 fib projection
Regards.