9th May USDINR - Perfect %B divergence with Price..

#1
Dear All,

Instrument USDINR - May Contract......
In the image you can see that when there is a divergence of %B indicator with Price combining with 3 very factors result in a nice trade.
1st Factor - having a candle stick with a long upper wick.
2nd Factor - the top Candle stick having a long upper wick touching the daily Resistance level R1 following with a red candle.
3rd Factor - (Main) - divergence of Price with % B indicator.
Hope you all will like it.

Have a nice Trading.
Regards,
Ronak
 
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