one which was the 50D MA.
For the setup check points descried above, the last requirement, retest of price low, was met Jun 15 5:00 pm Shown on chart above
On H4 chart, there has not yet been a CCI regular divergence with price. If CCI does across up through the down trendline (tl) on CCI, that would be a Long signal. (even if it does, usual CCI patterning warns there might well be a retest down a little before a strong upmove). Until then, GBPJPY is still signalling short based on 1. previous short signal (CCI...
Against the background of stop bitcoin, all the Alts also braked and waited. By some signs on other coins, you can try to predict and further movement. We are now looking at Ethereum for 4 hours. The convergent triangle with the control point at the top, the inability to break through 700, the hidden bearish divergence on the SMO oscillator (the continuation of...
ATTENTION! A hidden bearish divergence of open interest has been discovered. Expect a rebound from the resistance line in the unbalance zone. On the larger timeframe, the downward movement continues, trend 1H resistance lines are not broken.
Right now a perfect, bullish Butterfly Pattern is being formed on UK100 Index. Really good R/R ratio and high probability for profit. Entry zone should be around 1.272 Fibo of the XA leg, and SL should be right under 1.414 Fibo of the XA leg. Take profits are 38,2 and 61,8 Fibo retracements of AD confirmed by previous structures If you look at RSI, Stochastic,...