EurGbp trade idea
after this short uptrend on the eurgbp we are getting divergence on the macd. but this isn't our signal, ideally, we want the macd to prove itself and let price drop. if that happens ill expect price to try and retest the high and upon failure that would be our entry. if price keeps rising, or drops briefly and rises back up and break the high either way trade conditions would not be met effectively meaning I do not enter.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.