Ascending Triandgle vs. Divergence

Discussion in 'Technical Analysis' started by AJFCapital, Nov 8, 2009.

  1. AJFCapital

    AJFCapital

    I'm pretty new to tech analysis, so I was just wondering if I could get some opinions on this chart.

    It's a 1hr EURUSD chart, that I feel has an ascending triangle pattern BUT also has negative divergence.

    I dunno...


    [​IMG]
     
    #1     Nov 8, 2009
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  2. ammo

    ammo

    could use more info.... monthly
     
    #2     Nov 8, 2009
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  3. ammo

    ammo

    weekly
     
    #3     Nov 8, 2009
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  4. ammo

    ammo

    daily
     
    #4     Nov 8, 2009
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  5. ammo

    ammo

    30 min
     
    #5     Nov 8, 2009
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  6. circadian

    circadian

    Looks like EUR/USD will try to make a run at 1.50 again, soon.
     
    #6     Nov 8, 2009
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  7. craig

    craig

    Divergence will Kill you in a trend!

    Guess why?

    hint: 12,26,9
     
    #7     Nov 9, 2009
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  8. AJFCapital

    AJFCapital

    Yep. The inverse just happened to the USDJPY.
     
    #8     Nov 10, 2009
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  9. ericazeng

    ericazeng

    what is result£¿
     
    #9     Nov 14, 2009
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  10. risky63

    risky63

    look for dollar strength thru the holidays.
    sell
     
    #10     Nov 14, 2009
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