Hi Friends,
Look at this chart for NASDAQ:MSFT . Interesting to see how breaks on supports on RSI and identifying divergences may allow to identify possible good exits and maybe a avoid big falls.
When you see divergences, go down to lower time frames to identify exits/ entry levels
Chart is self explanatory. At this moment, price has moved into a rectangle...
Dears,
After a long time as we were busy, we come back and this what we will start today and we hope it will become correct and then the gold XAUUSD will be bearish.
Good Luck
This is a daily chart for BTCUSD on Bitstamp.
The most obvious thing I want to highlight is the battle at the 0.382 Fib level.
It is very very common for an asset to have a few checks and tests off of 0.382.
And BTC is no exception.
For the past few months, we've witnessed a battle between Bulls V Bears at 0.382.
Now, bull and bear volume has been declining....
