GC ( GBP/CAD) made +125 pips in a day at my OB Vwap Levels setup showing signs of highly overbought and the downtrend begans, forms inverted hammer at 30 min. timeframe, my vwap levels setup is 95% except in economic calendar release and news. Indicators/Oscillators showing signs of divergence/convergence also a good signal etc.
Only for the brave. Should double-top first. Just an Idea. Not a trade recommendation...extremely risky as this could fly to 50$. Tight stop (set and forget).
head and shoulder pattern forming so sell now, take profit should be around 100 pips
Step #1: Define the Trend. An Downtrend is defined by a Series of LH Followed by a Series of LL. The definition of an downtrend is pretty much standard. In an downtrend, we look for a series of lower highs followed by a series of lower lows. Two LH followed by at least another two LL is enough to define an downtrend. A lower high is simply a swing high point...
Closed my position on this trade. Took a nice profit of 81.85% from this swing trade in 5 days. This was nice. EOS is completely overbought in my opinion. It has already sold over 12% and I believe will start dumping hard. EOS is considered to be the etherium Killer! This block chain in my opinion will rock into the future very well! PS This is not...
What a run we've had the last couple of weeks. ONT is looking massively overbought right now. Don't be tempted to buy in just yet, as there's a strong possibility that we'll see some consolidation or even a short-term pull-back as traders take profits. Ideally, I'd wish to see a continuation flag. Keep an eye on this one.
Verge XVG has been strong for few weeks now trading in a beautiful channel. Movement at this rate is not sustainable with RSI now showing divergence. Look for a break of the channel down as the signal for a short-term sell. Good trading!
ETHBTC Possible Reversal Overbought Color Blue Number none
i dont find the stock amazing thusfeel it will remain rangebound and one can enter if it close above 120 levels onlyyyyyy
1) Huge upward move generated by ECB's Mario Draghi - the bulls will want to cash out profits now therefore this should push the price back down 2) RSI heavily overbought on multiple time frames
The pair seems right for a short after a three-day rally. The RSI indicates that it is approaching the overbought conditions. Any break above the resistance level on the hourly should favor a long position but this seems highly unlikely as momentum is lost.
Hey guys, this morning i want to share with you this setup i've noticed on this pair. Price has approached a resistance structure zone on Wednesday, and since then it's failed to create new highs and so it gave me reason to believe this is a good zone to short the market. In the daily chart we've recently exited an overbought condition and here on the 4hr chart...
Came into resistance. Bearish candle. RSI Overbought. There is also news dropping soon. I do not know how that will play out. What do you think?
EUR/JPY, 2H Chart. RSI (9) + EMA (21,RSI) RISK REWARD RATIO: 5.14 Overbought condition in RSI indicator. Short entry @113.61 TakeProfit @111.50 Stop Loss @114.06
Just entered a bearish gartley pattern on AUDCAD. Looking to take off initial half of my position at 38,2 % Retracement. Stops at 0.9566. Make sure it fits your personal rules!
Its Going down due to the following news from US(Watch Price Actions 6hrs From NOW) 1.Durable Goods Orders, released by the US Census Bureau 2.Initial Jobless Claims released by the US Department of Labor 3. FOMC Member POWELL Speech that therefore trigger a short term movement positive or negative trends 4. Funds are going out base on Money Inflow Indicator(Smart...
Just another opportunity with 3 confirmations 1.overbought RSI (DEFAULT) 2.AB=CD 1.27 Extension 3.BCD leg = Butterfly pattern in h1