Priceline of Australian Dollar / US Dollar forex trading pair has formed a bullish Shark pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. RSI is oversold. This PRZ area can be used as stop loss, in case of complete candle stick closes below this area. Stochastic is oversold. Price action is hitting the support of bollinger...
Priceline of US Dollar / Hong Kong Dollar forex pair has formed a bearish BAT pattern and entered in potential reversal zone. MACD turned weak bullish from strong bullish. Stochastic has given bear cross. I have used Fibonacci sequence to set the targets. The long position can be taken between 0.382 to 0.786 Fibonacci projection of A to D leg coz we have a strong...
Priceline of US Dollar / Mexican Peso Forex pair is forming a bullish CRAB pattern and soon it will be entered in potential reversal zone insha Allah. Volume profile of complete pattern is showing less interest of traders here RSI is oversold But MACD is strong bearish and Stochastic is oversold but did not give any bull cross sofar, so I would suggest when the...
Priceline of Ankr / TetherUS cryptocurrency has formed a bullish CRAB pattern and entered in potential reversal zone. RSI was oversold now turned bullish. MACD turned strong bullish. I have used Fibonacci sequence to set the targets which are as below: Buy between: 0.00495 to 0.00426 Buy between: 0.00549 to 0.00680 Regards, Atif Akbar (moon333)
This 2-part article will look at the practical application of correlations in trading and show how to use correlation inferences to exploit the statistical advantages they offer. On the 4h time frame, the highest day-tradable timeframe imo we see EUR$ has an exclusively negative and almost 1for1 correlation with the dollar index (or dollar "market"), however,...