Looks like big C&H is forming, also it is painting double bottom, I'll keep watching
there is a bullish 4h setup, entry at price: 0,78894 take profit: 0,78963 Stop Loss: 0,78682 A Time management and Money management must be applied to the signals. Always have time stops in mind. This signals are part of my trading system that I have created for my students, it’s easy to use and is with a straight rules. so 100% clear. The market...
Potential Cypher and Ghartly Pattern Good R/R
With the Long-term trend being down and the break of a Short-term up-trendline, I see a Short opportunity together with Price Action Bars, ofcourse. Although We can see that Price currently is in an Range structure and we have to be Cautious for the Tests of Support and Resistance. Further we see previous Divergence of the RSI with the Dominant trend and RSI at...
Long due to fibs and the big bullflag (zoom out to 4hr) Stoploss below last lows and target at the 123 psych level! And as always, hold your thumbs!
Look at the AUDUSD trend continuation idea that I posted before. Keep in mind that NZDUSD and AUDUSD have a decent correlation.
The same thing, i had identified that area as resistance but i didn't had that much of evidence, and of course the R/R was good but not THAT good, and was safer to wait for a confirmation. Now, the price reached the resistance, went overbought and now is retracing, i would like to see a test the .7208 level again making a double top. But also an harmonic pattern...
1- RSI is oversold 2- RSI DIVERGENCE shown on the indicator and the chart 3- very profitable trade 4-Ranging market 5- very tight stops