In this example of the EUR/GBP chart, we can see the long term trend is up, BLUE ABOVE RED on the moving averages.
Whilst I write this blog a Yellow star has appeared and the price has broken the downtrend. There is also divergence see chart below...
See the yellow star, a great reversal indicator.
Notice the Price turn BLUE (BUY)
Explosion indicator now GREEN and above the Yellow line....
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