So in this post I am going to show you an indicator you probably have never heard off and that is the relative vigor index, here in the chart I have shown a few examples of how it can be used for confirmation, It can either be used to spot hidden divergences or used for when price pullsback to a moving average as a tell tale sign the market is ready to continue down or up. The XAU trade here is using the pinbar rejection of the moving average as a strong sell signal as I expect the USD to get stronger over the next couple days, I would expect XAU to try move lower after its long spell of ranging.
Trade chiuso: obiettivo raggiunto
Commento:
+400 pips