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
AUDCHF has started forming a very strong reversal on the 4H timeframe near a VERY strong support level. RSI was recently over-bought. SL set above previous highs. TP1 set near previous lows.
EURAUD has closed above the middle Bollinger Band, closing above support. RSI is above 50. I have entered at the open of the market on 2/1/17.
Price breaks and closes below the doubletop neckline. Price retestet the neckline. Three possible targets for me
CADCHF has closed below the lower Bollinger Band on the 1H chart. Very strong bearish candle on the daily chart. RSI is below 50. The bears are in control. I expect price to fall to previous lows.
USDJPY has closed slightly above the middle Bollinger Band, closing above the trend line of the descending triangle. TP set at 300 pips at previous highs, SL set at 90 pips. RSI is above 50. I will enter on the 4H chart after price closes above the support line marked.
RSI in the D1 is overbought. The H4 timeframe shows a possible Doubletop in the keyzone. Also RSI is overbought on the left high and shows a bearish RSI divergence. Nice short possiblity if price breaks and closes below the neckline.
Currently I am waiting for price to reach the upper trendline. When price reaches there watch for a clear sign of reversal. Expect an impulse. Catch the wave and ride it. Cheers and good luck fellow traders
Long term bullish chart, Entry above 20&50SMA on hourly chart, stop loss below 50SMA and support on hourly.
–Lower lows should lie ahead. There's not much to add right here. A larger, more proportional countertrend advance from the 3.145 intraday low still seems likely, but the key point is that the rebound should prove corrective and set the stage for further decline. Trendline resistance should (ideally) remain substantially intact
AUDCAD shows a clear reversal on the daily chart. A Bollinger Band squeeze has set up a very strong Bollinger Band breakout on the 4H chart. RSI was recently overbought. TP set at fib retracement levels 61.8 + 100%. I have entered short upon 4H candle closing strongly through the lower Bollinger Band.
EURCAD is forming a strong reversal pattern on the daily time frame. RSI recently overbought on 4H chart. Price failed to break above support. BB squeeze formed on 4H chart. I will enter short after 4H candle breaks through and closes below the lower Bollinger Band . TP Set at previous lows
USDCAD has closed above the middle Bollinger Band on both the weekly AND the daily chart. RSI is above 50. I have entered at the open of the market on 1/20/2017. Daily view is linked to this idea.
EURCAD has successfully broken through and closed below the lower Bollinger Band. RSI was recently very overbought. Price failed to create new highs and closed strongly through the middle Bollinger Band closing below the lower Bollinger Band. I expect price to re-test previous lows. Daily TF POV is linked to this idea.
NZDCAD is nearing a support area. If price can break through and close below the lower Bollinger Band, I will enter short. There is a strong Bollinger Band squeeze on the 4H time frame. RSI was recently overbought. TP levels set at fib retracement levels; 50%, 61,8% + 100%.