Bearish Inverse AB=CD
Oscillator Divergence in both RSI and Awesome oscillator .
The blue uptrend channel forming the BC leg was down broken indicating shift in the bullish trend to the downside .
The downside breakout of the bullish blue channel forming the BC leg is tested by a wide range up bar closing near the ...
Happy new years eve traders! (my time in Chicago)
As you all know I've been staying up to date on my ideas taking them piece by piece as they develop. The chart explains what I'm thinking, and other than that... ITS TIME TO PARTY!!! I hope you all continue to kill it in 2017!
Give me a thumbs up if you like the ...
In the Palm Traders team we are looking for a big sell in USDCAD due to this Primary Cycle.
We are going down from where we think it's the ending of a primary corrective structure (ABC).
We had a reversal and now a flag consolidation, so we will be paying attention to smaller timeframes to enter a short ...
The blue triangle represents the corrective bearish wave B of an emerging bullish ABC pattern . Buy it's breakout to the PRZ of the emerging bat pattern from which price may reverse to the downside
A long Impulse wave might have come to an end.
I'm looking for a retracement and tested breakout of the 0.8735 historical S/R line. RSI is not indicating a strong trend anymore, but the Stoch is in oversold (4H) but not weekly. If confirmed that would be a nice corrective wave probably till halfway through the last ...