Short, Entry point at red trendline break. Stop: 1 pip over the previous relative max. Targets: - 102.8 first target - 102.27 sec. target www.fxstreet.com
Sell USD/JPY if break 100.700 maby until 100.000 and 99.000
Resistance in Daily and 4h ( ~ 0.86289) If breack 0.86400, Buy EUR/GBP
Was the last 17 months a breakout consolidation with a new multi-year Bull Market to follow? The DJI chart examines the previous multi-year Bear Markets with initial breakout consolidation and ensuing Bull Markets. Similar market structure is now in place for the Bull Market to continue. Time will give us the answer.
OBV and RSI indicate a possible bounce to the upside. Keep eye on intraday for continuation downward or break to the upside. If you wanna play both sides a straddle or strangle option strategy two or three months out might be ideal. For a one sided trade check OTM (out-the-money) contracts and the Vol in the options contracts relative to the strike price before...
Keep away from sidewalks under windows. MACD: RSI: Will the monster eat you too?
Different time frames can be selected via controls study("Add TimeFrame", shorttitle="TF Layer", overlay=true) res = input("240", type=resolution) o = security(tickerid, res, open) h = security(tickerid, res, high) l = security(tickerid, res, low) c = security(tickerid, res, close) col = c >= o ? lime : red plotcandle(o,h,l,c, color=col)
breaking out of narrow base see our chart patterns in our book same name on amazon percent r and cci good money flow strong above weekly cloud daily cloud rising
on hourly coming out of cloud money flow excellent see our book on price and volume rules macd crossing watch for exit at daily cloud see our exit strategy in our book have 40 years of trading experience
macd crossing get our book to know when to cut small losses and let winners run after you take your money off table relative strength strong above cloud cci and percent r upper range see why that is important in our book we are looking for multi baggers
candlestick has long wick wait for good candle to enter last time ran 3 days read our book on amazon on entry and stop loss points bollinger bands widening mad strong relative strength strong watch money flow
money flow rising -waiting for opening confirmation bar get our book on amazon for entry and exit rules with stop loss parameters j hook pattern relative strength good macd crossed cci and percent r in upper ranges good pattern above weekly cloud