In 4 days we had some touches in 9900 ~ 10k area we couldn't break the resistance(9900 is the local resistance in weekly and monthly) if you look closely to rsi you can see every time we tried to break the 9900 rsi went lower and lower ... this is a clear high divergence ! (rsi is yelling ...)
And if you look macd its showing the way too ... it shows a range ... between 500 pip
And if you see I can see a possible inverse head and shoulder here (top is 9970 and bottom is 9200).
In other way we are still in the channel and we touched the head, we touched the bottom, we are in mid level now
Look to 4 days ago ... it failed to break them, this time rsi is in the bad situation ... 4 days divergence ??? (THIS IS CRAZY)
In my idea it will a good profit by this targets( start: 9850, tp1: 9400, tp2: 9200, tp3: 9150, sl: 10100)
Above 10100 of course its in uptrend, but with this signals ? I dont think so ... we are in a big triangle these days we are going up and down until breaking top or bottom line.
So if you enter a trade today or tomorrow Do NOT FORGET to set your stop loss, always follow your thoughts.
If you liked this idea please hit the like button, share and type your comments.
Thank you about your time.
Take care and trade safe.
And if you look macd its showing the way too ... it shows a range ... between 500 pip
And if you see I can see a possible inverse head and shoulder here (top is 9970 and bottom is 9200).
In other way we are still in the channel and we touched the head, we touched the bottom, we are in mid level now
Look to 4 days ago ... it failed to break them, this time rsi is in the bad situation ... 4 days divergence ??? (THIS IS CRAZY)
In my idea it will a good profit by this targets( start: 9850, tp1: 9400, tp2: 9200, tp3: 9150, sl: 10100)
Above 10100 of course its in uptrend, but with this signals ? I dont think so ... we are in a big triangle these days we are going up and down until breaking top or bottom line.
So if you enter a trade today or tomorrow Do NOT FORGET to set your stop loss, always follow your thoughts.
If you liked this idea please hit the like button, share and type your comments.
Thank you about your time.
Take care and trade safe.
Trade closed: target reached:
This one is not trusty any more
My targets reached ...
Trade safe guys
My targets reached ...
Trade safe guys
I just saw that
Sorry guys about that mistaken