EURAUD has completed a Bullish Bat pattern on the 1H timeframe. RSI recently over-sold. I will enter upon the close of a significant Bullish Engulfing candle. SL set below previous lows. TP1 set at 38.2%, TP2 set at 61.8% Fibonacci retracement level.
AUDCHF has completed a Bearish Bat pattern on the 1H timeframe. RSI recently over-bought. I will enter upon the close of a significant bearish Engulfing candle. SL set above previous highs. TP1 at 38.2%, TP2 set at 61.8% Fibonacci retracement level.
USDCHF Has made a dobbletop, with bearish rsi-divergnce. This trade gives us a very good rr, which I always like to trade.
AUDJPY has completed a bearish Bat pattern on the 4H timeframe. RSI is over-bought. SL set above previous highs. TP1 set at 38.2%, TP2 set at 61.8% Fibonacci retracement level.
GBPUSD Testing the 0.5 fib overbought on the RSI which it has been respecting at 70.0, Recent dollar weakness now gaining back strength so i think we will see a continuation of its downward trend. Entry 1.251 SL 1.2554 TP 1.243
We are approaching the definitive range for a bearish alternate bat harmonic pattern that is also complimented by an RSI BAMM signal and AO Divergence. This gives us a nice potential reversal zone around 134 for the QQQ. There may be a small amount of uptrend left in this because it is only at 129.29 currently, so I am going to wait until the harmonic PRZ is...
Hey guys, we have a reversal pattern forming here on EURGBP also with some extra indications that are influencing an up move. On RSI there is an oversold condition and MACD we are seeing divergence. Good luck and safe trading to you all
This is a strategy that has been in development for a week or two, no trades placed yet, this is the first. You can see that pattern, RSI breaks out above 65 and goes back down below 65 for several markers, while price is in the upper bollinger band (or near it), and price will go down. Likewise, RSI breaks out below 35 and goes back up above 35 for several...
AUDCAD has made a dobbletop, with bearish RSI divergence. Stop Loss placement: 1.01370 Take profit placement: 0.98600 Going short on the opening today. Trade with care.
USDJPY has completed a bearish Bat pattern. RSI is over-bought. SL set above previous highs. TP1: 38.2%, TP2: 61.8% fibonacci retracement level.
NZDCHF has closed below the middle Bollinger Band. RSI is below 50. SL set at 60 pips. TP set near previous lows.
A few things here Broken support line MACD has just crossed and entered the sell zone, shown by arrow RSI has a broken pattern as well, indicated by the arrow To set stop loss level, it is clear there is a strong resistance at around 1.075, as it bounced back down twice from this price, so 1.08 is a safe level As for the Reward, Fib and previous structures...
EURJPY has completed a bullish Gartley pattern. RSI is over-sold. TP1 set at 38.2%, TP2 set at 61.8% fibonnaci retracement level.
Rsi divergence at dobble bottom. Stops and targets on the chart. Happy trading!
This gartley tested the zone and is giving signs of reversal. Wait for your signal (RSI could be good) and short down to 1,3077 on the 0,382 retracement. Good luck, thanks for your comments.
Short-term trend for LULU with RSI confirmation @ 65 mark last week. High probability initial Target for $65 Secondary Target @ about $63.75
Strong channel downtrend since Aug 2015, with RSI overbought at ideal short entry levels (small green squares). RSI at overbought level again; signal to short in this case with harmonic period of about 6 months. Also current small double top at about $130 mark (short orange); stock expected to close gap to about $118 for initial target short-term target. That...
AUDCHF is reacting nicely to the top trendline on the chart. If price continues with an impulse down wait for a correction to enter short on this pair. RSI is extremely overbought as well so this is another indicaiton that price will fall. This should be a nice short setup. Good luck and safe trading