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28 May 2007

EURCHF Bearish Divergent Bar Trade

EURCHF Bearish Divergent Bar Trade


The Bearish Divergent Bar gave a chance to collect a nice profit trading it down.
Green Lines are entry points - fortunately there were lots of them giving us an opportunity to add aggressively to the trade increasing the profit.

At the end of the move there was formed a Triple Bottoms formation which closed above the pink line causing the close of the trade.

On Daily chart we can see that this down move caused the Alligator to be sleepy which have to keep us aside for the moment enjoying the profit.

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